The National Company for the Management of Road Infrastructure S.A., as the Applicant, has developed and submitted the Financing Request for the project "Feasibility Study Development, technical documentation for the Building Permit (P.A.C), and obtaining the Building Permit (A.C) for the investment objective Modernization of existing road DN 25, between Galati and Tudor Vladimirescu."

It will be considered for the allocation of non-reimbursable financing through the Transport Program, under the RSO3.1 framework_Development of a TEN-T network, resilient to climate change, intelligent, safe, sustainable, and intermodal Priority:

P2. Improving secondary road connectivity; Specific Objective 3.1 Development of a TEN-T network, resilient to climate change, intelligent, safe, sustainable, and intermodal Fund:

European Regional Development Fund; Operation: Actions contributing to achieving Specific Objective SO 3.1

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

The specific objective of the project:

Feasibility Study Development

The total value of the project is 3,606,678.58 lei and will be financed through the Transport Program as follows: the European Union's contribution from the European Regional Development Fund - 1,219,992.80 lei, the own contribution - 1,829,989.20 lei, the difference up to the total value of the project representing ineligible expenses including VAT, namely 556,696.58 lei.

The project duration is 53 months and is co-financed by the European Union from the European Regional Development Fund through the Large Infrastructure Operational Program 2014-2020. (Photo: Freepik)