The contract is estimated at 726.2 million lei (about EUR175.8 million), VAT excluded.
According to the roads authority, the project must be completed within 15 months and will be guaranteed for 24 months thereafter.
It will be financed with funds from the European Investment Bank, cohesion funds and funds from the state budget.
Initially, the construction contract for the Cernavoda-Medgidia highway section had been awarded to French constructor Colas. The Transport Ministry cancelled the contract in April as the constructor asked for extra EUR8 million to carry out works, after the highway’s route had been changed. (EUR1=RON4.1298)