Study: Romania's transports infrastructure to reach Western European standards in 130-150 years
Romania’s transports infrastructure will reach Western European standards in 130 – 150 years only, if the current development rhythm will be maintained, a A.T. Kearney consultancy company study reveals, quoted by Mediafax.
The study shows that our country registers the smallest dynamics on the European road constructions market, with an annual growth rate of constructions investments of 30% until 2012, followed by Russia and Slovakia with 25% and 20%.
Even though the Romanian market will increase by 30% per year until 2012 and the Polish market will increase by only 11%, Poland’s invested sums in road infrastructure are 4.5 times higher than those allocated in Romania.
Thus, the study concludes that Romania will need some 130 to 150 years to reach Western European standards in road constructions, A.T. Kearney consultant Iulian Circiumaru declared.
He explained that our country is interesting for road infrastructure investments, due to the fact that the government allocated 10 billion euro for public infrastructure investments in 2009 and the EU offered Romania 3.4 billion euro to access through development projects.