Austere spending plan puts dent in highway works

The Minister of Transport, Radu Berceanu said the co-financing need and the tight spending plan in place will lead to a slowdown in the completion of public infrastructure works, with a freeway section as small as 40km expected to be delivered in 2010.

In a meeting with PDL deputies, Radu Berceanu said that from a technical perspective, Romania could build 100km of highway, but the low public infrastructure budget is severely limiting the number of projects carried by the ministry.

“We had to choose between channeling the funds into urgent projects and invest more in a certain area and finish some road sections. Technically speaking, we could build a 100-km freeway section, but it would be impossible to complete 150km of highway no matter how much money we would have, since works are still in an early stage. From a financial perspective, we could finish 30-40 km if the public infrastructure budget was fully allocated to certain projects”, said Berceanu.

However, he refused to disclose any numbers, as the Government must assure the co-funding of projects carried from European funds.

“The budget is effectively managed, but as long as we have 1.2% of GDP allocated, and some countries invest around 5% in local infrastructure projects... It’s all we can do, with this money”, he pointed out.

Citeste si:

Calculator Salariu: Află câți bani primești în mână în funcție de salariul brut »

Despre autor

Wall-Street.ro este un cotidian de business fondat în 2005, parte a grupului InternetCorp, unul dintre cei mai mari jucători din industria românească de publishing online.Pe parcursul celor peste 15 ani de prezență pe piața media, ne-am propus să fim o sursă de inspirație pentru mediul de business, dar și un canal de educație pentru pentru celelalte categorii de public interesate de zona economico-financiară.În plus, Wall-Street.ro are o experiență de 10 ani în organizarea de evenimente B2B, timp în care a susținut peste 100 de conferințe pe domenii precum Ecommerce, banking, retail, pharma&sănătate sau imobiliare. Astfel, am reușit să avem o acoperire completă - online și offline - pentru tot ce înseamnă business-ul de calitate.

Redactia Wall-Street »

Te-ar putea interesa și: