Moldova: Chisinau ring road to be completed with European money

Eastern Partnership Investment in Connectivity (EPIC) Coordination Committee approved Moldova’s request for financial support for the elaboration of the feasibility studies necessary for the construction of the Chisinau ring road, the Ministry of Infrastructure and Regional Development (MIDR) announced on December 21. Under the decision, the Republic of Moldova will sign next year a cooperation…

Moldova: Ungheni bridge funding approved

Financing for the construction of Ungheni (RO) – Ungheni (MD) road bridge, a project submitted by Romania under the Connecting Europe Facility CEF program was approved of around 16.5 million euros. Shortly, the tender procedure for the execution of the works will begin, according to sources of the Ministry of Transport from Bucharest. “The Ungheni…

Moldova: EIB to provide additional loan worth 100 million euros for national roads’ repair

The European Investment Bank (BEI) will provide Moldova with an additional loan worth 100 million euros. The members of the parliament’s commission for foreign policy and European integration have approved a consultative note for starting negotiations and approving the signing of the contract on financing between Moldova and EIB for the supply and carrying out,…

Georgia: downtown Tbilisi avenue closed for road works

Traffic movement and municipal transport routes will be restricted on downtown Tbilisi’s Rustaveli Avenue between until December 5 for planned road repair works, Tbilisi city hall has announced. Vehicles are directed from the avenue through Leo Kiacheli and Giorgi Akhvlediani streets in the direction of Merab Kostava Street, and to Heroes Square through Niko Nikoladze…