Less bureaucracy affecting transport infrastructure
Firstly, regulations on the procedure for the expropriation of land were tackled, as repeatedly requested by the chairpersons of the Ministry of Transports, who thought the expropriations as the main reason for delaying the construction of motorways. The Government decision was not limited to facilitate expropriation, but also relates to...
Lack of investments in transport infrastructure delays the economic recovery
Professor Radu Pencea argues that Romania’s economy can recover only if it attracts foreign direct investments and if the Government also makes sizeable investments. These two paths are interdependent: the big international brands will not come if the state does not allocate more resources for infrastructure development. The International Monetary...
ROMANIAN ECONOMICAL RECOVERY DEPENDS ON THE MODERNIZATION OF THE TRANSPORT INFRASTRUCTURE
These are due to come from the state, the local business environment or from the foreign companies and would be encouraged by efforts to ensure a better mobility of goods and services traffic. Prof. Pencea states that an increase in exports would respond to current needs that Romania might encounter...