Sergiu Bejan
As stated in the institution itself, the purpose of this reorganization is to bring the organizational structure of the institution in line with international practices, adapting it to the new requirements of the road sector.
In fact, the transition to a new form of management is underway, which, according to the authors of the reorganization, will expand opportunities for the implementation of infrastructure projects and allow for better utilization of funds from the Road Fund and external sources. It is not at all accidental that external partners, in particular the World Bank, were involved in the preparation of the transformation process.
Director of the State Road Administration Sergiu Bejan said: “Thanks to this reform, we want to optimize internal processes and increase the capacity to implement projects. We aim to create a modern, efficient organization adapted to the new requirements of the road sector. We appreciate the support provided by the World Bank in this process”.
What will be the main difference between ASD and AND’s operations from a financial point of view? A state-owned company operates from its own revenues and budgetary receipts. A joint-stock company is a commercial company with authorized capital divided into shares, the owners of which can be either the state or private investors.
The shares of the “National Highway Administration” will be transferred to the Moldovan Public Property Agency. And the task of preparing the whole project was assigned to the Ministry of Infrastructure and Regional Development.
Exactly one year ago, in June 2024, the government approved the decision to reorganize the state enterprise “State Administration of Roads” into a joint stock company with 100% state capital. This is the first stage of restructuring.
The next stage involves the consolidation of state stakes in joint stock companies specializing in road repair and maintenance (these are the companies of 10 JSC Drumuri). In the future, they will be absorbed within the framework of AND.
With undoubted “pluses” of such consolidation of assets, independent experts express fear that there may be a “spoonful of tar”. Will it not turn out in the end that AND will entrust road repair companies (which it will absorb) with the execution of works, will coordinate these works and itself control the order and quality of their execution? And also distribute financial flows and monitor the correctness of their use?
