BUSINESS

New highway towards Moldavia becomes European priority

The 316-kilometer highway from Targu Mures to Iasi will be built partly with non-reimbursable European funds, Money.ro informs. First the Romanian authorities have to obtain the environment permit, to finish the feasibility study and the design and to organize the tender meant to select the project’s private investors. The European Commission has included the future highway in the Trans-European Transport Network (TEN-T), which makes it a priority for Brussels, and starting in 2014 Romania will receive non-reimbursable funds in order to build it.

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