RO/ ROMANIA TO REQUEST EUR 1.3 BN IN EU FUNDS FOR CONSTRUCTION OF BUCHAREST RING ROAD
Published on: 12-10-2018
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Prime minister Viorica Dancila said on Thursday that Romania will apply for European funding of the Bucharest Ring Road and that the project is ready to be sent to the European Commission on Monday next week.
The total amount Romania will apply for is over EUR 1.3 billion, excluding VAT.
“We’ve made important progress towards ensuring the funding of investments for the existing Bucharest Ring Road, as well as for the new, motorway-type infrastructure. The project to request European financing is ready and will be sent to the European Commission on Monday. (…) The government will offer all its support to attract the necessary European funds for this project,” said PM Viorica Dancila.
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