CFR has signed a RON 2.11 billion contract for the design and execution of modernization works on the Craiova–Drobeta Turnu Severin–Caransebeș railway line, a strategic project aimed at aligning infrastructure with European standards, improving safety, and boosting passenger and freight mobility, according to a statement cited by Agerpres.
Contract duration and funding
The winning bidder is a consortium led by IC Ictaş Inşaat Sanayi ve Ticaret Anonim Şirketi, together with Rotary Construcţii Mentenanţă SA. The total contract duration is 195 months, including 12 months for technical design, 60 months for construction, 120 months for the warranty period, and 3 months for post-acceptance activities.
Read full article here: turnovernews.com
Read also: Record investment: one of Bucharest’s “Henri Coandă” Airport runways set for full modernization
Photo: Economica
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