The World Bank Board of Directors has approved two loans for Romania amounting to US$ 275m for the Transport Restructuring System and other projects.
The Transport Restructuring Project, in the amount of US$ 225m, will be implemented over the next 5 years. It has two major components: improvement of roads infrastructure and the railway system. Under the roads component, much needed bypass roads will be constructed in at least 5 big cities in Romania - Brasov, Bacau, Targu Mures, Reghin and Medias. These bypass roads will help divert traffic from inner city, so that the transport speed of both passengers and freight will increase considerably while road safety will be ensured. One other positive advantage for the public will be the decrease in pollution levels within cities, as well as protection of cultural heritage buildings at present endangered by heavy traffic.
