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Romanian Transp Min Announces “New Concept” For Hwy Construction Funding

Romanian Transport Minister Radu Berceanu told a press conference on Friday that there is “a new concept for the funding of highway construction”, which will bring more money to this sector if applied.
Romanian Transp Min Announces “New Concept” For Hwy Construction Funding
20 feb. 2009, 19:15, English

Berceanu said it regards the construction of “very complicated and very expensive highway segments”, by leasing them to interested international groups which will also be in charge of the already existing segments and will manage them for 20 or 25 years.

Segments will be leased based on the bids and the results of the auctions that will be organized.

Transport Minister Radu Berceanu said a week ago that 70-75 highway kilometers will be completed this year.