BUSINESS

Contracts for last three segments of Orastie-Sibiu highway signed

The Ministry of Transports and Infrastructure (MTI) signed, yesterday, the last three contracts for the design and building of a number of segments of the Orastie-Sibiu highway which had been contested, after the first lot was signed in May, alongside four other highway packages. The investment amounts to a total EUR 427.5 M, Mediafax reports.
MTI requested in full nine highway segment packages, out of which five were commissioned in May and three were contracted yesterday, and the remaining package is to be signed in the near future, after the National Council for the Resolution of Contestations (CNSC) issues a resolution on the contestation filed.

All contracts have been allotted four months for the design and 18 months for the execution, plus a four years’ guarantee. The project is financed in an 85 pc-ratio out of European funds, while the rest is covered from the state budget.

The contracts were signed by the Transports Minister, Anca Boagiu, in the presence of prime-minister Emil Boc. Boagiu stated that, up to now, the Romanian National Roads and Highways Company had signed highway contracts worth EUR 1.12 bln.

At the same time, the minister added that the ministry she represents had contracted projects amounting to EUR 3 bln out of a total EUR 5.7 bln allotted to infrastructure development projects via the 2007-2013 Operational Programme for Transport.

Furthermore, Boc called on the builders of the highway segments on the Pan-European Corridor IV to abide by the calendar and quality standards and warned them that works below the standards applied in other EU member states would not be accepted.

Moving on to another topic, vehicles using the highways on the Pan-European Corridor IV will have to pay a toll, to be announced when most sectors are complete, in 2015, Boagiu added.

Corridor IV starts in Germany, in Nuremberg, and goes along the route Prague-Vienna-Bratislava-Budapest. In Romania, the highway goes through Nadlac, Arad, Deva, Orastie, Sibiu, Bucharest, Fetesti and Constanta, and then continues its route, all the way to Istanbul.

Related posts

Creaton: In Romania we make 90% of the roof tile sales in the region

NINE O'CLOCK

Colliers: Price of land to stagnate

Test

“Rabla” program budget, doubled for another 60,000 vouchers

Nine O' Clock

Leave a Comment