European Investment Bank and Moldova agree €150 million loan for reconstruction of major highways in Moldova
The European Investment Bank (EIB), the bank of the European Union, will invest an additional €150 million in the modernisation of highways in the Republic of Moldova and improved road safety in the country.
Under the loan agreed with the Government of Moldova, the EIB will finance the reconstruction and modernisation of the Balti-Criva section of the M5 national road, and the Chisinau Bypass on the M2 road.
The EIB loan will allow Moldova to introduce international road quality and safety standards and achieve capacity improvements according to the traffic demand on particular sections of the national road network.
The operation will accelerate the country’s integration into the TEN-T network and the EU, which is one of the goals of the EU Economic and Investment Plan for the Eastern Neighbourhood.
Find out more
MOST READ
SEE ALSO
EU4Youth Alumni Network hosts IdeaLab in Tbilisi
From helping vulnerable people to digital wine cellar – read new EU-Moldova cooperation newsletter
Voice Your Vision: Young European Ambassadors take part in European Forum of Young Leaders in Warsaw
Women’s international conference boosts local ownership and women’s participation in policymaking
Young Moldovans experience the European Parliament’s inner working with Model European Union
The information on this site is subject to a Disclaimer and Protection of personal data. © European Union,
