New infrastructure projects worth more than € 1.5 billion are expected to be delivered in the regional cities of Romania this year, while in Bucharest construction works for the new bypass will continue as part of a € 1 billion investment, according to ActMedia.eu. At the same time, the first new airport in the last decades will start operating in Brasov from 2022, following an investment of approximately 70 million euros, while airports in other cities are included in major modernization programs, highlights a Bucharest Real Estate Club (BREC) analysis, in partnership with Concelex.
The main direct beneficiary of these investments is the industrial and logistics real estate segments. In Romania, there are already operating over 5.4 million sqm of modern logistics spaces, mainly in Bucharest and in the regional cities in the South, Center and Western parts of Romania and this year over 700,000 sqm of new deliveries are expected. The Eastern part of the country is beginning to recover in this segment, given the highways and express roads that will be delivered in the coming years in the region.
Bucharest: The new A0 bypass, one of the most expected new investments
A0, the new bypass of Bucharest, is currently under development. The road will be connected to the main A1 and A3 highways and the National Road DN 1. The construction will be completed gradually, with the first deadlines set for 2023. The development will continue until 2026. The total investment amounts to almost EUR 1 billion.
Cluj-Napoca: Two new highway sections
Near Cluj-Napoca, a 30 km section of the Brasov-Oradea highway is under construction and it will be delivered in 2023. The project value is estimated at over EUR 282 million. In Alba County, South of Cluj-Napoca, another section of the Sebes-Turda highway, with a 24.2 km length, was inaugurated at the end of last year, following a EUR 111 million investment.
Timisoara: A new 26 km detour
The bypass road in the Southern part of Timisoara is under construction and will be opened in 2022, according to estimates by the National Company for Road Infrastructure Management (CNAIR). The almost 26 km section is being developed following an investment of approximately EUR 55 million.
Moldova area, a new development stage. A7 – Moldovian Highway, the largest project in the Eastern part of the country
A strategic investment in the infrastructure of Iasi County will be the new Targu Neamt-Iasi-Ungheni highway, which is in the design phase. The first sections are scheduled for inauguration starting with 2025, according to CNAIR. Additional express roads are being planned in the region and construction should begin in the coming years. The A7 project will be the largest transport infrastructure project developed in the area of Moldova to date. The highway will connect Buzau with Siret and will cross the cities of Focsani, Bacau, Pascani and Suceava.
A separate highway segment will connect Ploiesti and Buzau. Ploiesti – Buzau is the first section of the A7 Ploiesti – Pascani announced for the start of construction, after the 16 km section of the Bacau Beltway was recently inaugurated.
Also, in Botosani, a new ring road is being authorized for investment. The project will be developed following an investment of approximately EUR 34.6 million; the bypass will be 10 km long and will be the largest infrastructure project developed in Botosani in over 3 decades.
In Bacau, in mid-November 2021, the 30.8 km long detour was officially delivered. The project includes 7 bridges, 9 passages and a road junction and was developed following an investment of approximately EUR 135 million, financed from European sources.
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