EBRD Helps Upgrade Moldova's Road Network
OREANDA-NEWS. Moldova's road network is improving and exporters can more easily transport goods to markets abroad thanks to the EBRD's partnership with the European Union's Neighbourhood Investment Facility (NIF) and the European Investment Bank (EIB).
Various investments totalling EUR 670 million will help upgrade over 830 km of key roads in the country, funding expected to have a significant impact in the comparatively small nation, which extends some 300km from north to south and only 100 km east to west.
With 3.5 million inhabitants, Moldova has a limited internal market and the success of many entrepreneurs depends on exports. However, their products need to reach their destinations first. Along the way they have to overcome quite a few obstacles - often quite literally.
The EBRD and its partners' work will help keep Moldovans safe on their way to work and school. An improved infrastructure also means better business - building the road ahead to a more prosperous future for Moldova.
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