{"id":114703,"date":"2024-06-26T23:23:59","date_gmt":"2024-06-26T20:23:59","guid":{"rendered":"https:\/\/rhn.ro\/9-billion-euros-in-public-and-private-investments-in-constanta\/"},"modified":"2026-02-22T21:12:39","modified_gmt":"2026-02-22T19:12:39","slug":"9-billion-euros-in-public-and-private-investments-in-constanta","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/9-billion-euros-in-public-and-private-investments-in-constanta\/","title":{"rendered":"9 Billion Euros in Public and Private Investments in Constan\u021ba"},"content":{"rendered":"

Public and private investments of over EUR 9 billion are transforming Constan\u021ba into a medium- and long-term regional development hub, with multiple opportunities for the real estate sector, according to an analysis by Romania Property Club.<\/p>\n

Energy, agriculture, maritime transport, security, and tourism are Constan\u021ba’s main strengths. The Port of Constan\u021ba has EUR 1 billion in investments underway: infrastructure works, access roads, and utilities, aimed at developing specialized terminals in the Constan\u021ba South port \u2013 Piers IIIS (45 ha operating platform, 11 ha logistics area, 7 berths) and IVS (110 ha operating platform, 25 ha logistics area, 10 berths).<\/p>\n

CNAIR has launched a tender for the design and execution of the Techirghiol Alternative \u2013 30.59 km, the motorway that will connect Constan\u021ba to Olimp. The new motorway will start from the Cumpana Interchange (A2 \u2013 A4), continue with a new bridge over the Danube \u2013 Black Sea Canal (Agigea area), have 3 other interchanges (Agigea \u2013 Eforie Nord, Techirghiol & 23 August), and reach the vicinity of the existing Olimp roundabout. The contract duration includes a 12-month design period and a 36-month execution period, with an estimated start date in 2025. The infrastructure project brings new opportunities for the hotel and residential sector in the southern part of the Romanian seaside.<\/p>\n

The entry of brands such as Crowne Plaza or Radisson BLU into the local market in Constan\u021ba represents a vote of confidence in the Romanian seaside.<\/p>\n

Over 1,000 internationally affiliated hotel rooms are under development, with opening dates between 2024 and 2028 as follows:<\/p>\n\n\n\n\n\n\n\n\n\n
Constan\u021ba Hotels Pipeline<\/strong><\/td>\nClassification<\/strong><\/td>\nNumber of rooms<\/strong><\/td>\nOperator<\/strong><\/td>\nEstimated Opening Date<\/strong><\/td>\n<\/tr>\n
Crowne Plaza Mamaia<\/td>\n4*<\/td>\n100<\/td>\nIntercontinental HG<\/td>\n2024<\/td>\n<\/tr>\n
Radisson BLU Mamaia<\/td>\n5*<\/td>\n330<\/td>\nRadisson HG<\/td>\n2027<\/td>\n<\/tr>\n
Mamaia Hotel<\/td>\n5*<\/td>\n200<\/td>\nInternational<\/td>\n2028<\/td>\n<\/tr>\n
Constanta Hotel<\/td>\n4*<\/td>\n75<\/td>\nInternational<\/td>\n2025<\/td>\n<\/tr>\n
Constanta Hotel<\/td>\n3*\/4*<\/td>\n300<\/td>\nInternational<\/td>\n2027\/2028<\/td>\n<\/tr>\n
TOTAL<\/strong><\/td>\n<\/td>\n1,005<\/strong><\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

After Iasi, Timisoara, and Cluj-Napoca, IULIUS is working on a complex development in Constan\u021ba. The project is based on a partnership between the investor and Oil Terminal on a 38-hectare centrally located site, near the port and the train station. The investment process begins with the ecological restoration of the area; the land previously hosted oil product storage facilities and has remained unused for the last 10 years. The project will integrate urban gardens, offices, a shopping and entertainment area, educational and cultural facilities, as well as integrated infrastructure to support mobility and connectivity.<\/p>\n

Constan\u021ba enjoys one of the highest densities of commercial space in Romania (800 sqm\/1,000 inhabitants), due to its attractiveness and increased traffic during the summer months. Prime rents requested are EUR 60\/sqm for shopping centers, EUR 8-14\/sqm for retail parks, and EUR 35\/sqm for high-street spaces.<\/p>\n

Frequently Asked Questions<\/h3>\n

What is the total value of investments in Constan\u021ba?<\/strong><\/p>\n

Constan\u021ba is currently attracting over EUR 9 billion in both public and private capital across infrastructure, energy, and tourism.<\/p>\n

What infrastructure projects are planned for the Port of Constan\u021ba?<\/strong><\/p>\n

The Port has EUR 1 billion in active investments for infrastructure, utilities, and new specialized terminals at Piers IIIS and IVS.<\/p>\n

When will the Techirghiol Alternative motorway be completed?<\/strong><\/p>\n

With an estimated start in 2025, the project has a 12-month design and 36-month construction timeline, totaling a 4-year duration.<\/p>\n","protected":false},"excerpt":{"rendered":"

Public and private investments of over EUR 9 billion are transforming Constan\u021ba into a medium- and long-term regional development hub, with multiple opportunities for the real estate sector, according to an analysis by Romania Property Club. Energy, agriculture, maritime transport, security, and tourism are Constan\u021ba’s main strengths. The Port of Constan\u021ba has EUR 1 billion…<\/p>\n","protected":false},"author":0,"featured_media":92098,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2858],"tags":[3067,3068],"thb-sponsors":[],"class_list":["post-114703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism","tag-constanta-en","tag-investments"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/turism-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/114703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=114703"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/114703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/92098"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=114703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=114703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=114703"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=114703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}