BUSINESS

Motorway company holds infrastructure revamp tenders

The National Company of Motorways and National Roads in Romania (CNADNR) has kicked off a tender for the design and execution of the 20.49 km Cernavoda-Medgidia motorway section, a project put at 175.8 M, VAT non-inclusive. The new tender follows the termination of a deal struck with Colas of France, Mediafax reports. The design will take three months, and the execution, 12 months, adding to which is a 24-month warranty period, according to a CNADNR release. The European Investment Bank (EIB) provides the financing via Cohesion funds from the European Commission and the state budget.

Separately, the road companies launched a tender for the upgrade of motorway two portions of the Bucharest beltway, estimated to cost EUR 72 M, not including VAT. The two-stage has a completion-deadline of three months. Work execution will take 18 months, and the guarantee period, 48 months. The money will come from the state budget. Also Friday, CNADNR announced it put up for tender the works on the Brasov 13.63 km four-lane RON 256.3 M (62 M euro), exclusive of VAT, ring road,. Elena Udrea, Minister of Tourism and regional development, Friday signed the contract “Access Road, Coresi Economic Area” paid for via the – Regio-Regional Operational programme as part of the  Brasov Municipality Integrated Development RON 30.8 M Plan. It consists of a two-lane each way highway over 2 km long, of which 1.6 km will be newly built and 462 metres, revamped and expanded.

Also, CNADNR will begin today a string of road traffic checks focusing on trucks overloaded with road rehabilitation materials, Transport Minister Anca Boagiu announced Saturday.

Related posts

Amazon billionaire Jeff Bezos to buy Washington Post for USD 250 M

Nine O' Clock

Tourist project with EUR 100 M investment in the mountains

Nine O' Clock

Ionut Costea: Romanian companies are increasingly interested by African markets, and we support their initiatives

Nine O' Clock

Leave a Comment