Vienna Airport Mulls Bidding For The NE Romanian Iasi Airport Upgrade

The Vienna airport is interested in attending the auction for the upgrade of the northeastern Romanian Iasi Airport, said Austrian ambassador Martin Eichtinger within a meeting with Iasi local and county authorities.

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He added a large Austrian metallurgy investor will come to Romania, but not to Iasi, the target being a Black Sea port.

Martin Eichtinger met Friday with the president of the Iasi County Council, Constantin Simirad and with county prefect Marius Bodea.

"During talks, the Austrian ambassador mentioned that the Vienna airport would like to join the auction organized for the Iasi airport," said Simirad, adding that the interest shown by foreign partners is a beneficial one.

The Iasi airport is set to undergo upgrades in a project worth an approximate EUR170 million.

The Romanian Government has already allocated the first round of funding, namely some EUR10 million for the commencement of works, but the process is stalled because of litigation occurring between the County Council and various institutions or companies over the land in the area.

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