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Bucharest
February 17, 2020
BUSINESS

Expressway, for consideration by Chinese investors

A Chinese delegation is expected in Bucharest in the following days to set a work calendar for several projects, one of which refers to the suspended motorway, to be designated as an expressway, the mayor of Bucharest, Sorin Oprescu, stated, yesterday, Mediafax reports. He mentioned the fields in which City Hall would collaborate with the Chinese companies in question, namely, “the development of transport infrastructure and other ways of communication in the Capital, the building of the central ring, the development and equipment of medical units.”As regards the suspended motorway project, the general mayor stated that it would be designated as an expressway, as “legislation does not allow the building of a motorway in the Capital.” The value of investments, including the central ring, amounts to a total EUR 7 to 8 bln, out of which approximately EUR 800 M could be allotted to the central ring. On the other hand, the Basarab flyway will be ready by the end of March, and the first tests on the running path are underway, the mayor general of Bucharest further stated. The contract amounts to a total EUR 160,738,329. Sorin Oprescu added that he would finalize the projects initiated, even if the City Hall budget has been reduced, and would present these achievements before the people of Bucharest, when running for a second mandate.

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