The European Investment Bank (EIB) has announced that it is prepared to support Romania’s Comarnic-Braşov motorway PPP project. The project involves a section of the 603km A3 motorway, planned to connect the capital city Bucharest with the Transylvania region and the north-western part of the country.
Infrastructure/PPP news in Romania
The Romanian government has updated the country's legislation on public-private partnerships in an effort to attract strategic investments. The new regulation introduces the Value for Money concept and provides the necessary steps in assessing a project.
Romania has promulgated a law on public-private partnership (PPP) three years after the government led by Victor Ponta initiated the project.
The state secretary of the Public Finance Ministry of Romania, Gabriel Biris, has stated that the low number of public-private partnerships (PPP) projects in the country is not due to the lack of legal framework, but to the lack of banks support.
The City of Buzau, Rumania, has published an invitation for tenders for the rehabilitation and maintenance of streets and roads in the city of a total length of 53.4 kilometers.
The governments of Bulgaria and Romania have signed a memorandum of understanding (MoU) to develop two new bridges over the River Danube through public - private partnership (PPP) model.
Biris Goran has announced three new hires in Romania, including Paula Dicu, who returns to the firm after completing her LL.M. studies at the University of Vienna to head the Biris Goran Public Procurement Practice.
The European Bank for Reconstruction and Development (EBRD) has launched a tender process to hire consultants for the CET Govora Biomass PPP project in Ramnicu Valcea, Romania.
Lukerg Renew, a 50:50 joint venture of Italian ERG Renew and Russian Lukoil (through its subsidiary Corni Eolian), recently arranged a €67 milion loan for the Gebeleisis wind park in Romania.
Romania's Ministry of Transport has announced that it plans to build the new Bragadiru - Voluntari metro line 7 in Bucharest through a public-private partnership or a concession.
The consortium beat competition from another consortium comprising Italian companies Impregilo and Salini. Romania's UMB Spedition, a highway construction firm controlled by local businessperson Dorinel Umbrarescu, gave up its intention to submit an offer. According to sources, China Communications Constructions Company Ltd. had also been shortlisted for the project.
Two foreign consortia placed final bids for the 58 km Comarnic-Brasov motorway concession, announced the department for large infrastructure projects and foreign investments (DPIIS) of Romania:
The Romanian government sent on Monday, Sept. 30th, the draft of a new Public Private Partnership (PPP) law to the Parliament. This new piece of legislation has been designed to make PPP and concession projects bankable.
The International Finance Corporation (IFC), World Bank, has announced that it will provide advisory assistance to the Municipal Authority of Public Services Regulation of the Municipality of Bucharest to structure a tender for the district heating service of the Bucharest Municipality. The total estimated budget for this project is 1.999.999,00 €.
Representatives of the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have met with the Romanian Minister delegate for Infrastructure Projects of National Interest and Foreign Investments, Dan Sova and have shown their willingness to finance the Comarnic-Brasov motorway concession.
The five consortia that submitted qualification documents for the Craiova - Pitesti motorway concession have been pre-qualified to enter into the competitive dialogue stage with the Compania Nationala de Autostrazi. The documents were submitted and opened on May 8, at the head office of the CNADNR.
The romanian public agency, Compania Nationala de Autostrazi has published the tender for a concession contract for the design, construction, financing, operation and maintenance of the highway Craiova - Pitesti (Km 0 +000 - Km 121 185). The tender is a call for Pre-qualification for parties interested in the contract.