CNADNR officially announces the cancellation of the concession for Comarnic-Bra?ov highway

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CNADNR has announced on Thursday the official cancellation of the procedure for awarding the concession for the construction Comarnic-Brasov motorway segment, due to problems regarding financing. Subsequently, 10 km from this section will be auctioned and built with state budget money.

The project would be developed by a consortium of companies, Vinci, Strabag and Aktor.

“The winning bidders (association of Vinci-Aktor-Strabag) failed to obtain the involvement of international financial institutions (EIB, EBRD, IFC, etc.) to finance the concession project. On the other hand, had the funding been provided exclusively by private companies, the costs for the project would have increased,” a release issued by CNADNR reads.

Another reason that led to this decision was the public presentation of the project that “has generated a strong negative reaction, especially in terms of the costs presented”.

The highway Comarnic-Brasov is divided into five sectors.

“Sectors 1 and 5 (from Comarnic, respectively from Brasov, with a total length of about 10 km, plus the connecting roads) will be auctioned, with funding from the state budget. For sectors 2, 3 and 4, which are the most difficult parts of the project, the update of geotechnical studies financed by the State budget will be auctioned. In parallel, in order to ease traffic on DN1, feasibility studies are in progress on the by-passes in Comarnic and Busteni. After completion of the feasibility studies, the construction works will be auctioned with funding from the state budget,” CNADNR further informs.

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