Romania infrastructure map: +1.5 billion. Investments in EUR expected in 2022
New infrastructure projects worth more than €1.5 billion are expected to be delivered in regional cities across Romania this year, while in Bucharest, construction work on the new bypass will continue as part of of an investment of 1 billion euros. At the same time, the first new airport in the last decades will start operating in Brasov from 2022, after an investment of around 70 million euros, while the airports of other cities are included in important programs of modernization, highlights a BUCHAREST REAL ESTATE CLUB (BREC), in partnership with Concelex.
The main direct beneficiaries of these investments are the industrial and logistics real estate segments. In Romania, there are already more than 5.4 million m² of modern logistics space, mainly in Bucharest and in regional cities in southern, central and western Romania and this year more than 700,000 m² new deliveries are expected. The East of the country is beginning to recover in this segment, given the motorways and expressways that will be delivered in the coming years in the region.
Bucharest: The new A0 bypass, one of the most anticipated new investments
A0, the new Bucharest bypass, is currently under development. The road will be connected to the main A1 and A3 motorways 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 nearly of 1 billion euros. .
Cluj-Napoca: Two new motorway sections
Near Cluj-Napoca, a 30 km section of the Brasov-Oradea highway is under construction and will be delivered in 2023. The value of the project is estimated at more than 282 million euros. In the department of Alba, south of Cluj-Napoca, another section of the Sebes-Turda motorway, 24.2 km long, was inaugurated at the end of last year, after an investment of 111 million euros.
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 Road Infrastructure Management Company (CNAIR). The nearly 26 km section is being developed following an investment of around 55 million euros.
The region of Moldova, a new stage of development. A7 – Moldovan highway, the largest project in the eastern part of the country
A strategic infrastructure investment in Iasi County will be the new Targu Neamt-Iasi-Ungheni highway, which is in the design phase. The inauguration of the first sections is planned from 2025, according to the CNAIR. Additional expressways are planned in the area and construction is expected to begin in the coming years. The A7 project will be the largest transport infrastructure project developed in the region of Moldova to date. The highway will connect Buzau to Siret and will pass through the towns of Focsani, Bacau, Pascani and Suceava.
A separate section of highway will connect Ploiesti and Buzau. Ploiesti – Buzau is the first section of the A7 Ploiesti – Pascani announced for the start of construction, following the recent inauguration of the 16 km section of the Bacau Ring Road.
In addition, in Botosani, a new bypass is in the process of investment authorization. The project will be developed following an investment of approximately 34.6 million euros; the bypass will be 10 km long and will be the largest infrastructure project developed in Botosani for more than 3 decades. In Bacau, in mid-November 2021, the 30.8 km detour was officially delivered. The project includes 7 bridges, 9 crossings and a road junction and was developed following an investment of approximately 135 million euros, financed by European sources.
Constanta: Strategic issue sea side – side
The infrastructure of the seaside town has a strategic stake, with a large portfolio of ongoing investment projects both in the city of Constanta and in the port area, in the following years. Among the major projects likely to attract new investments are the construction of the new sports complex Farul Constanta (an 18,000 seat stadium and an investment value of 85 million euros), projects aimed at improving urban mobility both inside the city (Smart City projects) and between the city and the seaside resorts, as well as a vast urban regeneration project in the city center.
New developing regions:
- Braila – Tulcea Bridge, the 3rd longest suspension bridge in Europe and the longest in Romania.
More than 55% of the total works of the Braila Bridge have been completed. The bridge will be 1.97 km long and will be the third longest suspension bridge in Europe. The entire project will be completed, according to estimates, at the end of this year.
- Craiova: Accelerated development in the South. The Craiova-Pitesti expressway is another key project, which will contribute to the development of the southern part of Romania. The first 57.5 km sections are scheduled for delivery in 2022, based on an investment of around 363 million euros. Another section with a total length of 63.5 km will be completed in 2024, after an investment of 262.6 million euros.
- Reduced distance Bucharest – Giurgiu. The 3.2 km long Mihailesti bypass was opened to traffic at the end of 2021. After the completion of the Bucharest Ring Road, the city of Giurgiu and the country’s southern border will be at a significantly reduced distance.
- Bistrita, a new possible connection between Baia Mare and Suceava. Discussions are underway for the inclusion of the Bistrita bypass road in the structure of the new highway that will connect Baia Mare to Suceava. This project could generate new investment opportunities for the city and its surroundings.
- Satu Mare, a new detour. In 2021, the Satu Mare bypass was opened to traffic. The project has a total length of 19.5 km, and about 12 km is designed for high-speed traffic.
New investments in the airport infrastructures of Brasov, Bucharest – Baneasa, Iasi and Timisoara
The first new airport built in the last decades will be operational in Ghimbav, 12 km from Brasov, following an investment of approximately 70 million euros. Authorities plan to raise around 300 million euros in EU funding to build a rail link between the airport and Brasov, which could boost cargo operations in the region. In the spring of this year, the Bucharest Baneasa airport modernized must reach its maximum capacity. The airport recently benefited from major renovations worth around 13.4 million euros.
The authorities have also announced their intention to modernize Iasi airport. The total investment budget of approximately 90 million euros will be used to add new passenger terminals and to develop a new car park. Construction is expected to be completed by 2023, according to available information. In Timisoara, a new terminal for international departures will be developed by the end of 2023 following an investment of 200 million lei (40.4 million euros). The new airport terminal will cover 4,383 m² and support an increase in annual passenger capacity to 3 million.