21.8 C
Bucharest
May 16, 2021
BUSINESS

Romania’s Transport Master Plan could be approved by EC next month

Romania’s Transport Master Plan could be approved at the end of April and Romania could turn into a huge construction site starting this year on all sectors of transport, Transport Minister Ioan Rus stated on Tuesday at the end of his meeting with European Commissioner for Regional Policy Corina Cretu.

“Tomorrow and the day after tomorrow, at a technical level within the Commission (European Commission – editor’s note) we will be having talks in Brussels, after which we will receive observations, I hope as few of them as possible. (…) Probably at the end of April we will manage to close in on the final approval and then we could talk about the implementation strategy in a true sense,” Rus said.

The Transport Minister pointed out that the list of projects on all transport sectors included in the Transport Master Plan – road, naval, rail, air – has been compiled, as well as the one on modal centres.

Ioan Rus believes that the criteria imposed by the European Commission when it comes to the drafting of such a document has been precisely respected, the economic, environment and social criteria having been taken into account.

According to him, the projects will be financed in proportion of 25 per cent from European funds, 15 per cent from state budget funds and the difference will be covered from EIB and EBRD loans. Moreover, a supplementary state budget contribution of EUR 7 bln has been approved by the government, within the limits permitted by the fiscal space.

 

Cretu: EC sees TEN-T projects completion in due time foremost Transport Master Plan priority

 

The foremost priority of Romania’s General Transport Master Plan, from the European Commission (EC) viewpoint, is the completion in due time of the projects within the main Trans-European Transport Network (TEN-T) and, secondly, the identification of the most important projects for the extended TEN-T, which could also benefit from the EC financial support, European Commissioner for Regional Policies Corina Cretu said on Tuesday after a working meeting with Transports Minister Ioan Rus.

“From our point of view, of the European Commission, the foremost priority of the Master Plan is to ensure the completion in due time of the projects within the main TEN-T, the Trans-European Transport Network, in the first place. Secondly, the Commission expects the Master Plan to identify the most important projects to the extended TEN-T, projects which, in turn, can benefit from the EC financial support. This means that the Master Plan must involve the most important projects economy-wise and make sure they benefit from financial support not only for construction, but also for maintenance,” Cretu explained, after the end of the meeting.

According to her, the European Commission is very interested in Romania’s General Transport Master Plan, as it is a strategic document and represents a pre-condition for accessing the European Union funds for large transport projects in the period 2014 – 2020, European Commissioner for Regional Policies Corina Cretu said after a working meeting with Transports Minister Ioan Rus.

“The European Commission is very interested in this strategic document, as it represents a pre-condition for accessing the European Union funds for large transport projects in the period 2014 – 2020. Before taking the road, any road, it is good to have a roadmap and to be determined about the path we want to embark on. This roadmap, this Master Plan, does not only refer to the current funding period, only to the following seven years, but it refers to Romania’s economic development in the next 15 – 20 years,” the Commissioner said.

The two officials talked about the progress Romania registered in drawing up the Master Plan, the expectations of the European Commission concerning its content and the steps that the authorities of Bucharest still have to make for its completion.

“Certainly, from our point of view, there are still topics that need clarifying, one of these are extremely important – I have talked about them with Mr Minister – for instance, establishing the criteria according to which the projects will be selected by priority order, the strategic assessment of the impact on the environment and a series of technical issues related to the maritime transport and the rail transport. In the period 2014 – 2020, the Commission will contribute with 6.8 billion [euros] to the implementing of this Transport Master Plan,” the European official added.

 

 

Related posts

Ionut Farcas becomes the Country President Schneider Electric Bulgaria, Albania, Macedonia and Kosovo

Nine O' Clock

Cernavoda-Medgidia motorway will cost up to EUR 170 M

Nine O' Clock

Hidroelectrica – losses of EUR 1.1 bln from contracts with “smart guys”

Nine O' Clock