Development Ministry Launches Auction To Restore Over 500 Km Of Roads

05.12.2011 By Ioana Tudor

The Romanian Development and Tourism Ministry has launched an auction to award contracts estimated at 557 million lei (about EUR137 million), VAT excluded, to restore 533 kilometers of county and local roads in the southern counties of Olt and Arges between 2011 and 2013.

Road modernization works are included in the National Infrastructure Development Program.

The contracts are estimated at about RON279 million for Olt and RON278 million for Arges, without VAT.

Constructors will observe the cost standards set by the ministry, the public institution said in a press release.

The Government will run the National Infrastructure Development Program between 2011 and 2020. It is managed by the ministries of Development and of the Environment, according to an emergency ordinance approved in November last year.