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Deadline for the Transylvania Highway: 2012

Publicat la 20.01.2009, 22:00:00

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Deadline for the Transylvania Highway: 2012

Berceanu was unsatisfied with the fact that the Romanian state paid €624 million within this project and so far there is no “usable product.” He added that the Romanian state will suffer great losses due to the evolution of the exchange rate, considering that payments are made in euro. The Romanian state has a debt worth €77 mln to Bechtel since 2007.

The Transylvania Highway will have 415 km in length and will require an investment of €7-8 billion, fourfold the initially negotiated amount.
 

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