The Ministry of Finance will offer 377,756.56 lei, which is equal to €17,170.8, to the state-run company Moldova a’s Railways from the loan provided by the European Investment Bank within the project to purchase locomotives and to restructure rail infrastructure. A draft Government Decision to this effect was proposed for public debates, IPN reports.
The allocated money will be used to pay the last installment for the bought locomotives and the advance for the works to rehabilitate the Bender-Căușeni-Basarabeasca-Etulia-Giurgiulești rail section. The payments must be made in accordance with the contract clauses.
The Public Property Agency, which is the founder of Moldova a’s Railways, will ensure the augmentation of the enterprise’s share capital and will make the necessary changes to is statutes. The Government Decision will take effect after it is published in the Official Gazette.
