Chisinau City Hall and the European Bank for Reconstruction and Development have signed a pre-financing agreement for the rehabilitation of the bridge on Ismail Street in the capital. According to the municipal authorities, the bridge’s technical condition calls for extensive work to improve traffic safety, extend its service life and ease congestion, IPN reports.
The document was signed by Mayor Ion Ceban and Giuseppe Grimaldi, Head of the EBRD Office in Moldova. The mayor noted that the bridge, built in 1968, needs to be completely rebuilt to meet European standards.
“This is a major infrastructure project for the city of Chisinau. It needs to be completely rebuilt to European standards, and we will do this together,” said Ion Ceban.
For his part, Giuseppe Grimaldi noted that the project’s preparatory phase involves conducting technical and feasibility studies, providing construction supervision services, and reviewing the detailed engineering design. The documentation required to launch the procurement procedures for the construction works will then be prepared.
The project’s value is estimated at €10 million. The EBRD will provide a €700,000 grant to fund technical studies and preparatory work.
