Bucharest District 4 City Hall to contract 100 million lei loan for infrastructure investments

The Bucharest District 4 City Hall plans to contract a long-term loan amounting to 100 million RON to fund emergency investment objectives of local public interest, a public tender announcement in this regard says. Given the emergency of the plans, the procedure to negotiate contracts will be an accelerated one.

The credit is to be used for:

• modernizing and improving the traffic system for 80 streets
• extending the water network on several streets
• extending the sewers network on several streets
• co-funding the program for thermal rehabilitation of apartment blocks.