EIB and EBRD to finance two important projects in transport sector

Interim Prime Minister Iurie Leanca instructed acting Minister of Transport Anatol Salaru to prepare for the next meeting of the Government a draft decision concerning the creation of a group of negotiators who will discuss the conditions of providing loans for implementing two important projects in Moldova with the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), IPN reports.

The first project is aimed at rehabilitating 400 km of road, while the second envisions reforms at the state-run-company Moldova’s Railways.

Iurie Leanca said that the delegates of the two financial institutions are expected to come to Moldova in the near future.

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