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September 25, 2020
BUSINESS

Auction for 37 km of Transylvania motorway; estimated price tag: EUR 530 M

National company for highways and roads (CNADNR) published an auction announcement for a 37.2 kilometre segment of the Transylvania motorway. The segment should connect the small town of Ogra, in Mures County, to Campia Turzii – Cluj County, Mediafax informs. The estimated cost for this segment is between EUR 440 million and EUR 530 million, VAT included. This includes the design, which should take 4 months, the execution, which should take no more than a year. The auction should take place on August 11. At the maximum estimated price, the state should pay EUR 14.3 million per kilometre. The Transilvania motorway is the most expensive freeway ever built in Romania. American group Bechtel which got the contract to build this highway in 2003, cashed more than EUR 1.2 billion but only finished a 52 kilometre segment between Campia Turzii and Cluj-Napoca, before the Romanian Government cancelled the contract in 2013.

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