Private real estate developer to build railway terminal in Ploiesti with EUR 7 mln

Real estate developer Alinso Group will build an inter-modal railway terminal in Ploiesti, connecting the Eastern and Western areas of Romania, a private investment of EUR 7 million. The terminal, called Euro Gate Terminal Ploiesti, will be ready in 2011. It will be built on 10 hectares of land and it will include three railway lines with a total length of 2,200 meters. “Euro Gate Terminal will stimulate the economic development of the Prahova region as well as the increase in the national economic competitiveness, which currently deals with the lack of adequate infrastructure,” said Ivan Lokere, CEO Alinso Group (in picture). Alinso Group is the developer of Ploiesti West Park warehouse project, with a total value of buildings and infrastructure in the project reaching EUR 750 million. editor@romania-insider.com