Romania Launches EUR5.5B In EU-Funded Infrastructure Projects By End-2011

Romania’s Transport Ministry will launch EU-funded projects worth EUR5.57 billion by the end of next year, among which the construction of 289 kilometers of highway and the upgrade of 166 kilometers of railway, Transport Minister Anca Boagiu said Sunday."We're using EUR5.5 billion from the Transport Operating Program and 72% of the ministry's budget for next year, namely 8.3 billion lei (EUR1=RON4.2923), to co-finance these projects," Boagiu told a news conference. By the end of ...

Developed by Codecraftsman