The Republic of Moldova and the European Investment Bank today signed a Letter of Intent for a loan of €150 million to support the development and improvements of a number of priority road sections along its main roads. The finance contract for the loan is expected during the early months of 2022.
One of the key goals of the EU in the Eastern Partnership is to improve connectivity and road safety. This comes as part of the EU’s Economic and Investment Plan for Moldova, contributing to the one of its flagships ‘Improving connectivity and anchoring Moldova in the Trans-European Network for Transport’.
The loan will help to include Moldova in the Trans-European Transport Network. Improved transport connections will result in increasing economic ties and improving the development of the region.
Find out more
Interested in the latest news and opportunities?
This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a B&S Europe-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.