The Republic of Moldova and the European Bank for Reconstruction and Development (EBRD) have signed a loan agreement of up to EUR 344 million intended for the modernization of approximately 134 kilometers of national roads. The financing will support the implementation of the Moldova Road Rehabilitation Project VI, aiming to improve connectivity and integrate the road infrastructure into the Trans-European Transport Network (TEN-T).
The document was signed by Minister of Finance Victoria Belous and Arvid Tuerkner, EBRD Managing Director for Ukraine and Moldova. The loan will be disbursed in two tranches: a first tranche of EUR 175 million and a second tranche of EUR 169 million. The financial resources will be allocated for rehabilitation, widening, and construction works on sections of the R7 Râșcani–Soroca and M3 Chișinău–Comrat roads, as well as for technical supervision services and implementation support. The project will be managed by the Ministry of Infrastructure and Regional Development (MIDR), headed by Deputy Prime Minister Vladimir Bolea, through the State Road Administration. In addition to the bank loan, the financing package includes European funds: a grant of up to EUR 11.4 million through the EU Neighbourhood Investment Platform, a grant of up to EUR 7.7 million through the Connecting Europe Facility, and a concessional contribution of up to EUR 34.2 million through the Growth Plan for the Republic of Moldova.
Frequently Asked Questions
What is the total value of the EBRD loan?
The EBRD loan amounts to up to EUR 344 million and will be provided in two separate tranches of EUR 175 million and EUR 169 million.
Which road sections will be modernized under this project?
The funds will be directed toward rehabilitating and widening roughly 134 kilometers of roads, specifically on sections of the R7 Râșcani–Soroca and M3 Chișinău–Comrat corridors.
What additional European funding complements the loan?
The package includes EU grants of up to EUR 11.4 million via NIP and EUR 7.7 million via CEF, along with a concessional contribution of up to EUR 34.2 million from the Moldova Growth Plan.