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Sep 22, 2023 16:56 EEST
September 22 (SeeNews) - Turkish construction company Makyol won a tender worth 1.899 billion lei ($407.3 million/382.2 million lei) for the construction of a segment of the Sibiu-Fagaras motorway, Cristian Pistol, director general at Romania's road infrastructure company CNAIR, said on Friday.
The project involves designing and building a 16.26 km motorway section and the adjacent structures, Pistol said in a social media post.
Funds will be secured from Romania’s Transport Programme, which amounts to a 9.6 billion euro, 48.3% of which constitutes EU funds, while the remainder consists of a national contribution, according to data from the country’s ministry for investments.
The project has a duration of four years, including one year for the design stage and three years for the construction works.
The contract can be signed after the period for submitting appeals expires.
Earlier this year, a consortium comprising Makyol and another Turkish company, Yapi Merkezi, won a 1.19 billion lei tender for the construction of a segment of the Sibiu-Fagaras motorway stretch, Makyol has also won tenders for the construction of two other motorway segments. In March the Bucharest underground system operator Metrorex signed a 1.2 billion lei contract with a Turkish consortium comprised of Alsim Alarko and Makyol for the construction a 6.6 km section that will link the capital city with the Henri Coanda International Airport in Otopeni.
Makyol Insaat Sanayi Turizm ve Ticaret is part of Turkey’s Makyol Group, which is specialised in heavy construction and infrastructure, commercial real estate, housing development and tourism investments.
(1 euro=4.96859 lei)
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