The contract will be financed with non-reimbursable EU funds and money from the state budget.

The transport master plan targets to develop transport policies needed to promote the development of a durable national transport system, as well as plan transport infrastructure investments.

Aecom Ingenieria SRL is entirely controlled by Spanish company Inocsa, part of American group AECOM.

The ministry also signed a contract worth RON5.56 million, VAT excluded, with consortium AESA-Agriconsulting Europe – Agriconsulting Europe – AVENSA Consulting, which will manage POS-T so the program will improve its EU fund absorption.

The Transport Ministry was allotted EUR4.5 billion in EU funds for the 2007-2013 operational program for transport, plus a EUR1 billion contribution from the state. At the end of 2011, the program attracted approximately 6% of the EU money. (EUR1=RON4.3741)