World Bank considers finance for the Brasov-Ploiesti A3 section

The World Bank is starting a technical review of a Brasov-Ploiesti motorway with a view to extending a financial package for construction. According to the Ziarul Financiar newspaper, the Romanian government is seeking financial support after its failed attempts to establish a public-private partnership. The 110km Brasov-Ploiesti highway is part of the planned 600km A3 Motorway that connects the capital Bucharest in the southeast with the Transylvanian commune of Bors on the Hungarian border in the
November 2, 2017 Read time: 2 mins

The World Bank is starting a technical review of a Brasov-Ploiesti motorway with a view to extending a financial package for construction.

According to the Ziarul Financiar newspaper, the Romanian government is seeking financial support after its failed attempts to establish a public-private partnership.

The 110km Brasov-Ploiesti highway is part of the planned 600km A3 Motorway that connects the capital Bucharest in the southeast with the Transylvanian commune of Bors on the Hungarian border in the northwest.

To date, only two sections of the A3 have been opened - between Bucharest and Ploiesti, 62km, as well as between the small towns of Luna to Gilau further north.

Ploieşti, with a metropolitan population of around 270,000, is the second most important railway centre in the country after Bucharest. The Ploieşti region is also home to the county’s oil production, although output has been declining in recent years. The city boosts Romania’s Petroleum and Gas University, established in 1948.

Finance & Funding

Related Content

  • Mexico: OHL to bid for La Raza-Indios Verdes-Santa Clara contract
    June 22, 2015
    OHL Mexico, a subsidiary of Spanish construction firm OHL, has confirmed it will bid for the construction and operation contract for Mexico’s La Raza-Indios Verdes-Santa Clara motorway. The 9.5km road worth around US$364 million will be let as a public-private partnership under the federal government’s National Infrastructure Programme, Mexico’s El Economista newspaper reported. A total of 14 companies are interested in the project, including Pinfra, Ideal, Prodemex, China Harbour Engineering Mexico
    Read More
  • Colombia’s ANI agency is driving forward the 4G PPP programme
    April 4, 2016
    Andrade Moreno is a man on a mission. The head of Colombia's infrastructure agency ANI explains how the organisation is giving foreign companies increasing confidence to invest time and money in the country. David Arminas reports Change, especially when it touches the highest levels of South American business and politics, can bring with it personal danger. Luis Fernando Andrade Moreno, president of Colombia's National Infrastructure Agency - ANI - was aware of this when he took on the role in 2011. B
    Read More
  • Czech tenders for section of D11, part of the E67 Via Baltica
    July 15, 2016
    The Czech road management company RSD is seeking a contractor for construction of 15km of the D11 motorway between Hradec Kralove and Smirice. Both towns are in northern Czech Republic, near the Polish border. The work is worth around €218.3 million, according to Czech media, and is one of the last remaining sections of the D11 to be built. Construction of another section between the town of Trutnov and the border with Poland is likely to start in 2019 and the Jaromer-Trutnov section after 2020.
    Read More
  • New Central Ring Road around Moscow to be built by 2018
    September 30, 2013
    Eugene Gerden evaluates Moscow’s new ring road mega project The Russian government plans to complete implementation of one of the most ambitious projects in the country’s road building industry in recent years, which involves construction of The Central Ring Road around Moscow by 2018. The new road should be built by the next presidential elections, while its length will be 339km. It is expected to be comprised of five sections and will be located 50km away from Moscow Ring Road, a ring road encircling the
    Read More

Highlighted Content