A3 delayed, again
The bid deadline for the 58km A3 toll road from Comarnic to Brasov has been extended from January 5 to February 2, as consortia struggle to find banks keen on the project. Apart from liquidity issues, the project has been criticised for its risk allocation, particularly when it comes to expropriation, and the fact that availability payments will be coming from the National Company for Highways and National Roads (CNADNR), a parastatal.
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