Romanian state plans two new highway projects under EUR 2 bln concession contracts
The Romanian National Company of Motorways and National Roads (CNADNR) intends to organize a tender for the design and construction of two highway projects. The planned new highway schemes are for Craiova-Pitesti and Ploiesti-Buzau-Focsani, and will value up to EUR 2 billion.
The first contract, for Craiova to Pitesti, has an estimated value from EUR 822 million to EUR 1.1 billion, according to the information made public on e-licitatie.ro. The winning contractor will have to design, finance, build, maintain and operate the highway section for a maximum of 30 years. Adjudication procedures are expected to start on June 28, 2013.
The expected costs of the Ploieşti-Buzau-Focsani concession contract range from EUR 801 million to a maximum of EUR 1.07 billion, exclusive of VAT, with the same set of obligations to be undertaken by the winning contractor.
The two projects have come back into the spotlight after being halted for a while due to CNADNR’s focus on developing Pan-European Corridor IV.
Adapted from Romania-insider