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DANUBE - BUCHAREST CANAL

  Prospect owner:
  Country:
Romania
  Overall project value:
1 706 127 000,00 €
  Requested investment:
99 999 999,99 €
  Current stage:
SEARCH FUNDING SOURCES
  Potential return / Revenue:
  Project Description:

ENGINEERING OF THE LOWER REACHES OF THE ARGES

AND DAMBOVITA RIVERS FOR NAVIGATION AND OTHER

PURPOSES

(Danube-Bucharest Canal)

Engineering of the lower reaches of the arges and dambovita rivers for navigation and other Purposes project is a strategic objective of national interest which was approved by the Interministerial Council.

The objective of our project fits EU river transport development policy and Ministry of Transport from Romania policy to align national transport system with the European one.

THE MAIN FEATURES OF THE PROJECT

Project name: Engineering of the lower reaches of the Arges and Dambovita rivers for navigation and other Purposes

Main credit release Authority: Ministry of Transports – Romania

Beneficiary: National Company Administration of Navigable Canals SH

Project description: Improvement of Arges and Dambovita rivers for navigation and construction of ports, locks, hydropower plants and overflow dams on these rivers course.

Project stage: feasibility study existing

Project value: 1.706.127.000 Euro

Phasing Of Works:

The preparation of the Public – Private Partnership project and the implementation procedures can be completed in 12 months;

Design work and site organization will last 12 months;

Works can be performed and commissioned in stages, by separate sections, in 3 to 4 years, and the entire project should be completed by 2018.

THE BENEFITS OF ACHIEVING THIS NAVIGABLE LINK

- Connection of the Romanian capital city to the main Trans-European Waterway System, allowing direct connection of Bucharest with other European capitals and large urban centers such as Belgrade, Budapest, Bratislava, Vienna, Frankfurt, Duisburg, Rotterdam etc.

- Direct access to the seaport of Constanta and, through the Rhine-Main-Danube Canal (Pan European Corridor VII), to the European network of waterways.

- The accession of Romania and Bulgaria to the EU and, in the near future, to the Schengen zone, opens the perspective of long-term cross-border cooperation. By the economic integration of the areas bordering the Danube in Romania and Bulgaria, the ports of Oltenita and Tutrakan could become important transit points for passengers and goods. The largest economic center will still be Bucharest, thus becoming an attractive objective for some of the Bulgarian population, at least in the towns bordering the Danube, from Giurgiu (Russe) to Calarasi (Silistra).

- A high capacity transport way, ecologically safer than rail transportation and far less polluting than road transportation.

  What we offer:

PARTNERSHIP

  What we are looking for:

FUNDING SOURCES

  Project Location:
Constanta
  Project Location on Google Maps: