Romania's public road construction and management company CNAIR signed the contracts for the feasibility studies related to two expressways in northeastern Romania: Pascani - Suceava, and Suceava - Siret.

The feasibility studies and the technical design of the expressways will have to be completed within 24 months, local daily Adevarul reported.

The Pascani - Suceava segment stretches over 61 km, and the studies will cost RON 11.7 million (EUR 2.4 mln) without VAT.

The studies for the Suceava - Siret expressway (41 km) will cost RON 10 mln (EUR 2 mln).

Both projects are included in Romania's General Transport Master Plan (MPGT) and will be financed with EU funds under the Large Infrastructure Operational Program (POIM) 2014 - 2020.

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andrei@romania-insider.com