Romania plans to invest up to EUR 7 bln in railways in five years
'Romania will invest between EUR 6 and 7 billion in the next five years, which will turn the country into a magnet for investors. If we get the right prioritisation in this area, then Romania's railways will become important domestically as well, since at the level of the European Union, railway is top priority,' Roseanu said at InnoTrans, the world's largest rail industry convention.
He added that the investments envisaged will be in 400 km of rebuilt railways on Corridor IV, between Curtici and Constanta. Romania's underground passenger transport system will grow by 15-20 km of new rails and investment could also be conducted into the signalling system and rolling stock.
AGERPRES