According to CFR, EC approved financing worth EUREUR440,007,116, namely 81.74% of the total value of the investment, while the rest of the funds will come from the state budget, namely EUR98,293,736 for 2016-2020 and EUR167,571,408 for 2021-2023.
Railway segment Apata – Cata is an important segment within the project for the modernization of railway infrastructure on the railway connection Brasov – Sighisoara, which is part of the Rhine-Danube Corridor.
The Connecting Europe Facility (CEF) program is an EU funding instrument to promote growth, jobs and competitiveness through targeted infrastructure investment at European level.
It supports the development of high performing, sustainable and efficiently interconnected trans-European networks in the fields of transport, energy and digital services.