Finances

OVER 4 BILLION LEI TO BE ALLOCATED FOR ROAD INFRASTRUCTURE DEVELOPMENT IN 2018 - MINISTER OF ECONOMY

07 december, 2017

In 2018, the sum allocated for Moldovan road infrastructure development will account for 4.1 billion lei, which is almost twice more than in 2017 (2.5 billion), said Deputy Premier, Minister of Economy and Infrastructure Octavian Calmic on Wednesday.

He said that one-third of this sum (2.34 billion) will account for financial assistance from international partners - the European Bank for Reconstruction and Development, the European Investment Bank and the EU. 104.4 million lei will be provided by the World Bank. The Moldovan Road Fund will allocate 972.4 million lei.

According to Calmic, capital repairing of almost 100 km of roads and 10 bridges is planned. Also, the repairing of around 350 km of roads of republican importance will be continued. The works on Ungheni-Chisinau, Hincesti-Lapusna, Comrat-Ciumai, Balti-Sculeni works will be completed.

Calmic said that the raising of financing will allow conducting more works on strengthening the Moldova's road infrastructure.

"For a more thorough control over building works, the Ministry will create an interactive map, which will allow following the process in real time. The fulfillment of the plan on road infrastructure will become a real challenge both for public institutions and for Moldovan economic agents and international partners", the Minister said.

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