Vinci-Strabag-Aktor consortium to build 58km motorway section in Romania

By bne IntelliNews December 20, 2013

A foreign consortium formed by construction companies Vinci, Strabag and Aktor will build the 58-km motorway section Comarnic-Brasov on the Bucharest-Brasov route, Romanian PM Victor Ponta announced as quoted by HotNews online publication.

The section stretches through mountains and will include 53 bridges and viaducts plus 18 tunnels with a combined length of 2.89km.

It will be the first motorway developed in Romania under a concession contract. Construction works for the section are estimated at around EUR 1.2bn. 

The consortium will operate the motorway section after it is completed. The contract, including the construction period, will be of 30 years. Construction works are expected to take some 3 years. The investor will charge a toll in order to recover its investment and will supplementary derive revenues from fuel stations and advertising companies operating along the motorway. The investor will supply maintenance works for the motorway until the end of the contract.

The government will top up the toll collections in order to guarantee a full recovery of the investments. Under independent estimates, it is likely that the government will eventually pay EUR 4-4.5bn for the motorway in the 30-year period, HotNews specifies.

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