The Republic of Moldova will receive a 100 million euro loan from the EBRD for the implementation of the “Moldova roads IV” Project. The money will be allocated on the basis of an amendment to the Loan Agreement between our country and the European Bank for Reconstruction and Development (EBRD) regarding the construction works and the rehabilitation of roads in the Republic of Moldova, signed today by the Minister of Finance, Dumitru Budianschi and the general director of the EBRD for Eastern Europe and the Caucasus, Matteo Patrone.
Following the changes, more than 85 km of road are to be rehabilitated within the Project, on the following road sectors:
road R14, R6 – Codrul Nou – Soroca – Hungary – border with Ukraine, on the Soroca – Arionești sector, total 31 km;
road R8.1, R8 – Arionești – R14, Arionești – Otaci sector, total 9.4 km;
the M3 road Chisinau – Comrat – Giurgiulești – the border with Romania, the sector bypassing the city of Vulcănești, a total of 8.58 km;
the R33 Hîncești – Lăpușna – M1 road, including the technical supervision of these works, a total of 37.2 km.
The amendment agreement will contribute to the full implementation of the Project “Rehabilitation of Roads in Moldova IV”, which will have economic benefits on improving the state and quality of the national road network by reducing road transport costs for road users in the Republic of Moldova, which will indirectly facilitate economic growth. At the same time, it will have a positive impact on the mobility of the population by facilitating road transport and increasing the safety of road traffic.
The Loan Agreement between the Republic of Moldova and the European Bank for Reconstruction and Development regarding construction works and road rehabilitation in the Republic of Moldova was signed on June 28, 2013.