The NATIONAL COMPANY FOR THE MANAGEMENT OF ROAD INFRASTRUCTURE S.A., as Applicant, has developed and submitted the Funding Application for the project "Development of technical-economic documentation for the Curtea de Arges Bypass" for the purpose of obtaining non-reimbursable financing allocated through the Transport Program, under RSO3.2 - Development and increase of sustainable, climate-resilient, smart and intermodal national, regional and local mobility, including improving access to TEN-T and cross-border mobility, European Regional Development Fund:

Priority: P2. Improvement of secondary road connectivity;

Specific objective 3.2 Development and increase of sustainable, climate-resilient, smart and intermodal national, regional and local mobility, including improving access to TEN-T and cross-border mobility Fund: European Regional Development Fund;

Operation: Actions contributing to achieving Specific Objective SO 3.2

The overall objective of the project is to improve Romania's economic competitiveness through the development of transport infrastructure that facilitates economic integration into the EU, thereby contributing to the development of the domestic market with the aim of creating conditions for increasing investment volumes, promoting sustainable transport, and cohesion in the European road network.

The specific objective of the project:

- Elaboration of Feasibility Study

- Technical-economic Documentation

The total value of the project is 2,914,999.11 lei and will be financed through the Transport Program as follows: the contribution of the European Union from the European Regional Development Fund - 981,747.60 lei, own contribution - 1,472,621.40 lei, the difference up to the total value of the project representing ineligible expenses including VAT, namely 460,630.11 lei.

The duration of the project is 33 months, co-financed by the European Union from the European Regional Development Fund. (Photo: Freepik)