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Bucharest District 4 City Hall to contract 100 million lei loan for infrastructure investments

de V.O.
Miercuri, 19 august 2009, 12:05 English | Bucharest

The Bucharest District 4 City Hall plans to contract a long-term loan amounting to 100 million RON to fund emergency investment objectives of local public interest, a public tender announcement in this regard says. Given the emergency of the plans, the procedure to negotiate contracts will be an accelerated one.

The credit is to be used for:
  • modernizing and improving the traffic system for 80 streets
  • extending the water network on several streets
  • extending the sewers network on several streets
  • co-funding the program for thermal rehabilitation of apartment blocks.

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