PMFORUM Breaking News
Breaking News in the Project Management World
Friday, September 26, 2008
ARCADIS to Design Constanta's Ring Road in Romania
Reported by Florin Gheorghiu in Bucharest
ARCADIS, the international consultancy, design and engineering company based in The Netherlands, has announced that it will design Constanta's ring road, connecting the city to the Romanian capital of Bucharest. The design-build project will be financed by the European Bank for Reconstruction and Development (EBRD). Total construction costs are estimated at EUR 125 million. The road project will be 22 km long and will include 26 underpasses and bridges. The new road is expected to open in 2011.
A consortium consisting of Spanish builder FCC and Italian Astaldi will build the ring road on the basis of the ARCADIS design. The motorway is part of Pan-European corridor IV, a multi-modal Northwest - Southeast transport link that will run from Nürnberg in Germany, to Romania and then through to Turkey. It is part of the European Union's effort to improve infrastructure in nations that have recently joined the Union and bring them up to EU standards. The realization of Pan-European Corridor IV through Romania is expected to promote distribution of goods in the region, and contribute to the growth of Romania and neighbouring countries.
"This project clearly signals the buoyant market conditions in Central Europe for infrastructure services," said ARCADIS board member Michiel Jaski. "Our strong market presence in that region combined with our extensive experience in European infrastructure design, make us an attractive partner to work with."
ARCADIS is an international company providing consultancy, engineering and management services in the field of infrastructure, environment and buildings. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With more than13,500 employees and more than EUR 1.5 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions. For more information, visit www.arcadis-global.com.
ARCADIS, the international consultancy, design and engineering company based in The Netherlands, has announced that it will design Constanta's ring road, connecting the city to the Romanian capital of Bucharest. The design-build project will be financed by the European Bank for Reconstruction and Development (EBRD). Total construction costs are estimated at EUR 125 million. The road project will be 22 km long and will include 26 underpasses and bridges. The new road is expected to open in 2011.
"This project clearly signals the buoyant market conditions in Central Europe for infrastructure services," said ARCADIS board member Michiel Jaski. "Our strong market presence in that region combined with our extensive experience in European infrastructure design, make us an attractive partner to work with."
ARCADIS is an international company providing consultancy, engineering and management services in the field of infrastructure, environment and buildings. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With more than13,500 employees and more than EUR 1.5 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions. For more information, visit www.arcadis-global.com.
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