The Minister of Transports announced the signing of the contract for the "Upgrading the 2nd Section of the ring road of Sibiu to freeway standard - and the rehabilitation of County Road DJ 106B". The call for tender was won by Vectra Service. The total value of the contract is 9,852,910.04 Euros (without VAT), according to a press release sent to our editors. 75% of the eligible value of the project will come from grants given by European Commission through the ex -ISPA facility, with the remaining amount to come from Government funds. The project is scheduled to complete in 14 months.
10 million Euros investment in the Sibiu ring road
A.T. (Tradus de Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 18 ianuarie 2010