The ministry signed a EUR50 million contract for road safety investments and it has a five-year deadline from the signing of the contract to draw the loan. The total value of the project nears EUR100 million and its implementation will be ensured by the Ministry of Transport and Infrastructure, through the country’s national roads company CNAIR.
Furthermore, the EIB will fund two investment projects worth over EUR210.6 million to support the overloaded public hospital sector.
The projects target rehabilitation, expansion, consolidation, modernization and fitting works for 26 hospitals in the Romanian counties of Bacau, Bihor, Brasov, Calarasi, Constanta, Covasna, Dolj, Harghita, Giurgiu, Neamt, Olt, Prahova, Teleorman and the capital city of Bucharest.
The implementation of the projects will be ensured by the Ministry of Development, Public Works and Administration through the National Investment Company and they are due for completion in 2025.