News
25 February 2020

EU to help finance €34m Tulcea port project

In:
Social infrastructure
Region:
Europe

EU funds will finance 75% of a €34 million project to rehabilitate and modernise the port and the riverfront in Tulcea, the main local entry point to the region of the Danube Delta, Romania.

The EU will fund the project through the Large Infrastructure Operational Program. Of the total project cost, 23% will be allocated through the state budget and 2% by the budget of the County Council of Tulcea.

Max Boegl Romania, part of German group Max Boegl, won the public bid and will undertake the works. 

The project will improve conditions for mooring the river vessels, rehabilitate and extend the utilities, and modernise the riverfront of the municipality.

In addition, the docking areas for goods and for passengers will be separated by pedestrian areas, so as to turn the entire riverfront - which has a length of over 1.5km - into an attraction alternative. Work should finish by the end of 2022.

You might also like


Perspective
03 May 2024

Greasing the cogs of ECA and DFI cooperation

Could the recent rapid growth in untied ECA lending make collaboration with DFIs and MDBs easier in the future?

Interview
07 May 2024

Shona Tatchell: EBRD's new head of trade facilitation on...

In her first interview since her appointment on 7 May, Shona Tatchell, the new head of trade and supply chain finance, European Bank for Reconstruction & Development (EBRD)...