One hundred kilometers of motorway 'completed by 2013'

Romania will benefit from European funds to cover 85 percent of the total cost of the five contracts signed by the Prime Minister and the Minister of Transport. The road sections are Timisoara – Lugoj, Lugoj – Deva, Nadlac – Arad and Orǎştie – Sibiu.

On Friday Minister of Transport Anca Boagiu and Prime Minister Emil Boc signed five contracts for the implementation of motorway projects that are to be completed by 2013.

'About 100 km of motorway will be put into implementation in the coming period', Minister of Transport Anca Boagiu said.

The Minister of Transport said that the value of the five contracts signed amounted to over 690 million and that they will benefit from European funds for covering 85 percent of the cost and from state money to cover the remaining 15 percent.

'The contracts that are being signed today are worth 693 million euros and they represent 98.17 km of motorway and we will also sign contracts for the road sections between Timisoara and Lugoj, plots 1 and 2, Lugoj and Deva, Nadlac and Arad, plots 1 and 2, Orăştie and Sibiu, plot 3', Minister Boagiu said.

Present at the signing of contracts, Prime Minister Emil Boc argued that each investment or project would contribute to Romania's withdrawal from the European recession and help strengthening economic growth.

' The European money is an additional resource that Romania has to speed up economic growth.'

'If we add the possibility of implementing public-private partnership projects to the money from the budget and to the money coming from European projects, then we still have an element that will contribute to strengthening economic growth in Romania', Prime Minister Emil Boc said.

Translated by: Denisse-Meda Bucura
MA student, MTTLC, Bucharest University