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Christian Traunfellner, Immofinanz
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CNAIR auctioned infrastructure projects worth four billion Euro in 2017

The National Road Infrastructure Management Company (CNAIR) informs that it auctioned projects worth around four billion Euro in 2017, the highest value in the last 27 years.

2017-12-18 11:26:13

"With a value of almost 2.6 billion RON (around 570 million Euro), the offers for lots 1 and 5 are currently in their evaluation phase, and next year the two objectives will enter their projection and execution phases. CNAIR has prepared the public auction and documents for the projection and execution of lots 2, 3, and 4 of this motorway as well, all of major importance for the Romanian economy. With an estimated cost of 3.3 billion Euro, the Sibiu-Pitesti motorway will complete the Pan-European Corridor, which transits through Romania.

Another important project is the new Bucharest Belt Motorway, which will enter its projection phase next year. The objective was publicly auctioned this year. The South Sector, which is 51 kilometers long and a total value of over 2.6 billion RON (around 580 million Euro), is part of the Capital's new Ring Road and will be similar to traffic decongestion projects built in major European cities.

Public auctions were also launched for the projection and execution of the 60 kilometers of the Suplacu de Barcau – Bors motorway. The construction may start next year, after the contract is signed and the projection phase is completed. The segment will be part of the Transylvania Motorway and will connect West Romania and Hungary, through the Bors border.

CNAIR also auctioned the projection and execution of the four lots of the Craiova-Pitesti Expressway, with a total length of 121 km and a total value of around 3.76 billion Euro (around EUR 820 million). The project is now being evaluated and will enter its projection phase next year, and it is seen as being of utmost importance for the economic development of South Romania.

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