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The EIB will accelerate funding for transport infrastructure

Finance Minister Viktoria Belous held a working meeting today with Richard Amor, Regional Director of the European Investment Bank (EIB). The main topic of the talks was close coordination between the parties to implement the planned projects to modernise the national road network. The parties emphasised the need for close coordination at a technical level, which will help to speed up the implementation of the planned works and ensure the timely utilisation of the allocated funds.
Irina Covalenco Irina Covalenco Reading time: 2 minutes
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Richard Amor

Richard Amor, EIB Regional Director

As reported by LP, the need to speed up funding for infrastructure projects had previously been discussed within the government with Prime Minister Vasile Tofan. The list of projects supported by the EIB focuses on transport infrastructure, energy, healthcare, education, agriculture, waste management and forestry, including road modernisation, the development of regional hospitals and the expansion of the ‘Moldovan Garden’ programme.

Today, Richard Amor confirmed the EIB’s readiness to commence financing. The European Investment Bank is one of Moldova’s largest development partners. The total volume of investment channelled by the bank towards projects to modernise infrastructure and enhance the competitiveness of the country’s economy amounts to approximately €1.9 billion.

European investment is being channelled into the reconstruction and extension of strategic national roads, including sections of the R7 (Rîșcani–Soroca) and M3 (Chișinău–Comrat–Giurgiulești) routes, as well as bypass roads in Cimișlia and Comrat.

Integration into the Trans-European Transport Network (TEN-T) is also planned. A significant portion of the funding under the EU Growth Plan for Moldova (until the end of 2027) is earmarked for the upgrading of over 200 km of roads, the development of the Iași–Chișinău–Odessa corridor and the modernisation of the railways.

In parallel with the EIB projects, the Ministry of Finance is securing co-financing from the European Bank for Reconstruction and Development (in particular, a €344 million package signed in autumn 2026).

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


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