Skip to main content

Ring road upgrade for Bucharest

Plans are in hand in Romania for the upgrades to the Bucharest ring road. This work is due to be completed by 2014, according to the country’s Transport Ministry. Reconstruction and modernisation of the Chitila-Voluntari segment of the ring road was completed in 2010 and the modernisation of another two segments were completed in 2011. Also, the upgrading of two further segments will be finished by mid 2013. The investment in the five segments of the ring road is expected to reach €100.17 mill
May 4, 2012 Read time: 2 mins
Plans are in hand in Romania for the upgrades to the Bucharest ring road. This work is due to be completed by 2014, according to the country’s Transport Ministry. Reconstruction and modernisation of the Chitila-Voluntari segment of the ring road was completed in 2010 and the modernisation of another two segments were completed in 2011. Also, the upgrading of two further segments will be finished by mid 2013. The investment in the five segments of the ring road is expected to reach €100.17 million, excluding VAT. Construction of the 17km segment that will link national road DN1 with the DN1 A will be completed on 30th September 2013 following an investment of €56.57 million. Also, the expansion and modernization of three segments at the south of Bucharest will be completed in December 2014 following an investment of €227.44 million. Also in Romania, a consortium comprising 1324 Astaldi and Max Boegl will build a 20.5km section of the Cernavoda-Medgidia highway. The deal is worth €117.56 million, excluding VAT and the work will take 12 months to complete. The project is being financed jointly by the 1054 European Investment Bank (EIB), the 2465 European Commission and the state budget.

For more information on companies in this article

Related Content

  • Chinese expressway expansion works
    April 11, 2023
    Chinese expressway expansion works are underway.
  • Serbia reduces cost of highway construction
    March 22, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget.
  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
  • Brisbane’s Clem Jones tolled road tunnel goes up for sale
    April 30, 2013
    KordaMentha, a receiver, and investment bank Goldman Sachs have put the Clem Jones tolled road tunnel in Brisbane, Australia up for sale. Queensland Motorways as well as local and overseas pension funds are reported to be planning to bid for the asset, estimated to be worth US$617.15 million (AUD 600mn). The closing date for first round bids is expected in middle of June 2013 and completion of the deal is scheduled at the end of September 2013. The Clem Jones tunnel is owned by River City and the company ha