Delta ACM builds motorways with 2.3m euros per kilometre in Iraq - financiare.ro
 Home Page  | News  | Exchange Rates  | Interbank Rates  | Central Banks  | Capital Markets Authorities  | Romanian Banks  | Archive  | Romanian  
 Finance-Banks  | Economy  | Business  | Capital Markets  | Real Estate  | Cars  | Travel  | HR Careers Education  | Media  | IT & C  | Environment 

News » March, 2011 » 7 March 2011

Delta ACM builds motorways with 2.3m euros per kilometre in Iraq
07.03.2011, 07:45 | Transportation | 1235 views



Romanian construction company Delta ACM 93, controlled by businessman Florea Diaconu, will build a motorway in Iraq, whose cost per kilometre is around 2.3 million euros, three or four times less than in the case of motorways in western Romania put up for tender by the National Company of Motorways and National Roads at the end of 2010.

The towns that will be linked by the Erbil-Koya motorway, a section of which will be built by Delta ACM, are located in a hilly area in north-eastern Iraq, where altitudes start from around 400-500 metres. In Romania, a motorway in a hilly area should cost nearly 5 million euros per kilometre, according to cost standards published by the Ministry of Transportation and Infrastructure.

Read more on ZF.ro




Latest news in category Transportation

09.11.2014, ora 20:59 | 1245 vizualizări
Transport Ministry wants to end year optimistically
After the Transport Ministry has spent almost the entire year “buried” in red tape, and transport sector projects have been almost frozen, now good news are starting to appear near the end of the year. Let’s say better late than never. read more...


02.11.2013, ora 09:10 | 1163 vizualizări
Bucharest Underground fares to go up 25-33 pct
The Bucharest Underground fares could go up between 25 percent and 33 percent, according to a draft order published by the Transport Ministry. read more...


Transports Minister Ramona Manescu in Galati (eastern Romania), on Thursday, said that the privatisation process of CFR Marfa was resumed, but that, this time, the procedure would not be hurried, as there was not any time limit. read more...


Subscribe to newsletter
Name:
E-mail:
News: Yes  No 
Exchange Rates: Yes  No 


Top news last 7 days


Publicitate pe acest site
Copyright 1999-2024 Pandora Impex SRL.