Romania’s infrastructure is 130 years behind the WE one

According to a study conducted by Mercer, Bucharest infrastructure ranks 114^th among 215 cities, on infrastructure development.

With an annual growth rate of investments foreseen for infrastructure at 30%, until 2012, Romania has the most dynamic road construction market in the region, followed by Russia and Slovakia, based on the study carried out by A. T. Kearney:

We confirm the fact that this year, the infrastructure sector will be the star of the construction market in Romania as, in Q1 2009 this segment grew by 31% against the last quarter of the previous year, the IBC Focus database including more than 1300 infrastructure projects for the first 3 months of the year.

Still, Romania needs between 130 and 150 years to bridge the gap in relation to the road infrastructure in Western Europe, according to the A. T. Kearney consultants. Road density in Romania is 14 times lower as against the density in developed countries from Western Europe.

But this only points out the potential that Romania offers to investors on this segment. And the potential is sustained by the investments planned for 2009 by the Romanian Government – 10 billion Euros. Moreover, the EU is ready to offer 3.4 billion Euros, which, of course, can only be purchased through development projects.

Source: Press and IBC Focus