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Jurnalul.ro Vechiul site Old site English Version No Roads – No Investors

No Roads – No Investors

de Elena Stan    |    15 Sep 2010   •   00:00

Romania stands to loose a lot due to the poor condition of its roads and the few highways: only 321 kilometers, in all.

"Transportation is not just important, it is vital for Romania's economic development and its road out of the crisis," the President of the French Chamber for Commerce, Industry and Agriculture in Romania Bruno Roche said.

He noted that any delays Romania has in building up its infrastructure would allow Serbia or Hungary get the competitive edge and offer alternative transportation routes.

Roche said that French investors are not thinking yet of leaving Romania for the markets in the neighboring countries since Romania is a far bigger market and they also feel more comfortable in a fellow francophone country.

Roche said that public-private partnership is the way to go in financing the construction of the road network. This system works all over Europe, Roche said, adding that "France has 6,500-kilometer highways, with 95% operated by concession contracts. People are willing to pay to travel in better conditions. For now, if one leaves Bucharest by car it reaches Paris after 24 hours, but the first 12 hours are spent on Romanian territory," he added.
Translated by AAP

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