The Romanian government is investing approximately €290 million, primarily sourced from the European Union budget, for the modernisation and expansion of the Black Sea Port of Constanta.
The strategic investments come as a response to surging traffic demands and the ongoing regional turmoil caused by the war in Ukraine.
The plan includes infrastructure enhancements, such as road improvements, water and sewerage infrastructure, and electricity distribution.
The project aims to upgrade and expand the road and access infrastructure within the Port of Constanta.
Phased investment
An initial investment of around €145 million will be used over a 36-month period, to rehabilitate existing roads while modernising and extending essential transport networks within the port.
The Romanian government has also earmarked approximately €112 million for the development of the electricity distribution network.
The investments will be funded through a combination of non-refundable external funds via the Transport Programme (PT) and allocations from the country’s Ministry of Transport.
Total investment in the project now exceeds €500 million, including plans for the phased development of an artificial island within the port.
Source: Construction Europe
