According to the survey, civil engineering output in Romania increased by 16% last year to 35 billion lei (EUR8.3 billion), mainly due to road infrastructure projects. The civil engineering segment might pursue the same upward trend until 2015, PMR estimates.
The residential and non-residential construction segments shrank last year.
The road construction segment did not register a significant decrease in 2009 and 2010, despite the economic downturn Romania experienced, and increased to RON18.7 billion (EUR4.4 billion) last year, up 20% compared with 2010, shows the survey.
Romania was allotted EUR4.6 billion in EU cohesion funds for transport to be used between 2007 and 2013. By March 2012, the country’s transport fund absorption rate stood at 6%.
According to PMR, no Romanian highway section was completed in 2011. Some 434 kilometers of highway were under development at the end of last year, and the projects are worth EUR4.1 billion. About 200 kilometers of highway should be completed in 2012, mostly sections on which work began two or three years ago.
In 2012, Romania should select contractors to build 111 kilometers, for which the necessary financing, of EUR1.1 billion, has already been secured, shows the survey.