Moldova will benefit from an investment plan worth 13 billion euros
The European Commission and the World Bank have developed an Investment Plan for the development of Trans-European Transport Networks (TEN-T). It is intended for the Eastern Partnership countries, including the Republic of Moldova, and has a value of 13 billion euros. The investment plan identifies priority projects in Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine.
The European Commission says the money will be used for construction and rehabilitation of 4,800 kilometers of road or railway, 6 ports and 11 logistics centers and border crossing points.
High Commissioner for Neighborhood and Negotiation for Enlargement, Johannes Hahn, has specified that "the implementation of the Investment Plan is a joint commitment to provide tangible results to citizens across the region".
European Transport Commissioner Violeta Bulc said that "infrastructure can stimulate growth and create new jobs".
Some of the proposed projects are to be implemented by 2020, and others - by 2030.