The amendment aims to convince the investors to get involved in the highway construction, through lease, sources close to the issue told Mediafax Wednesday.
“The Government will discuss a legislative solution on the lease. The lease is being made from investors’ funds, which will recoup their investment from highway taxes, but the Romanian state should engage to pay the difference between the investors’ estimated revenues and the actual ones. Nobody wants to lease,” the sources added.
The procedure will be negotiated with the investors, including the value of the recovered investment and the payoff period.
The government said in January it plans to annul the current public-private partnership law, following criticism both from the European Commission and the business environment representatives, saying it will promote a new normative act.
The government forecasts it will provide 3.4 billion lei (EUR777.5 million) from foreign funds in 2013, and RON881.9 million (EUR201.6 million) from the state budget for the construction of highways and national road upgrade.