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Bucharest
February 28, 2021
ECONOMY TRANSPORTS

Gov’t to approve Transport Master Plan in June

The Government will approve the Transport Master Plan in June, a document that will focus on the development of road infrastructure projects, Transport Minister Dan Costescu stated at a press conference last Friday.

According to him, the Master Plan intends to earmark a constant 2 percent of GDP for investment in transport infrastructure.

“This limit has never been requested before. At the moment we secure this value by law, we will be sure that those projects analysed, prioritised, which connect us to Europe and help us develop in a balanced manner, those projects will be secured in their turn too. 2 percent was a goal we could have attained fairly easily, in order to adapt then that part of the Master Plan considered the mainstay scenario,” Costescu pointed out.

The minister emphasised that the funding has already been secured for projects worth EUR 13.2 bln until 2020.

He added that other sources of financing could be the Environment Fund, but also road vignette revenues, in order to create multiannual financial stability for the infrastructure plan.

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