Moldova’s transport infrastructure to receive external funding

Transport infrastructure in the Republic of Moldova will benefit from loans worth a total of €300 million. The 1166 European Bank for Reconstruction and Development (EBRD) and the 1054 European Investment Bank (EIB) are providing the loans, which will be used to improve and upgrade existing road links and also to update Moldova’s national railway company, CFM. The road improvements will be targeted at 290km of roads in the north and central areas of Moldova.