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20 November 2017
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Bids open for Romanian highway segment construction

30 October 17 - RE+D Magazine
Bids open for Romanian highway segment construction

COMPANIES

Solum Property Solutions

Consultant - GREECE

IBI Group

Consultant - GREECE

Savills

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Eight companies and consortiums have submitted bids to build the fifth segment of the Sibiu-Pitesti Romanian highway, according to Romania’s National Company for Road Infrastructure (CNAIR).

 

The segment will connect Pitesti and Curtea de Arges and has a length of just over 30 kilometers.

The project is estimated at €398 million, without VAT, according to local news agency profit.ro.

Some of the bidders have also submitted offers to build the first segment of the Sibiu-Pitesti highway, which connects Sibiu to the village of Boita, at the entrance to the Olt gorge.

That contract is estimated at €167 million, VAT not included.

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