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Banks finance Moldovan roads

With the support of external partners, 234.32 km of roads are currently being modernized in Moldova, with the total value of the contracts amounting to 230.7 million euros, Logos Press reported.
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Banks finance Moldovan roads

According to the National Highway Administration (ANHA), the overall physical progress of all ongoing projects is 75% and the payments made have reached 118 million euros.

The main partners of these works are the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB). With their financial assistance, 8 strategic projects located in different regions of the country are being realized this year.

At the same time, a number of new projects are at various stages of preparation or tendering. They target strategic road corridors and sections of the national network that are currently at the design or tender documentation stage.

According to the National Highway Administration, a number of new projects are in various stages of preparation. They target strategic road corridors and sections of the national network that are currently at the stage of design or preparation of tender documents.


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