We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Sat 28 Oct 2006 12:00 AM

Font Size

- Aa +

Government budgets for building spend in 2007

The Romanian government has set aside US $3.1 billion (EUR2.5 billion) to spend on construction projects in 2007.

The money will go towards developing and improving infrastructure, education and healthcare facilities.

Around $500 million of the budget will be put towards highways alone.

The funding is fuelling the already strong demand on the construction market, boosting its growth at a forecast pace of about 15% next year.

Highway construction is expected to become the driving force behind the growth of the construction market in Romania over the next few years.

Arabian Business: why we're going behind a paywall

For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.