France Will Support the Rehabilitation of the Chișinău-Ungheni Railway Line
During the visit to Chișinău of the Secretary of State for European Affairs, Amélie de Montchalin, the governments of Moldova and France signed a Letter of Intent regarding financing of the project for the rehabilitation and modernization of the Chișinău – Ungheni railway line.
Amélie de Montchalin announced the financial support at a press conference held with Moldova’s Foreign Minister, Nicu Popescu, on September 13.
The Moldovan Government and the French Government signed the Letter of Intent regarding the rehabilitation and modernization of the railway line Chișinău – Ungheni project financing, that same day.
The document was signed by the Minister of Economy and Infrastructure, Vadim Brînzan and the State Secretary for European Affairs, Amélie de Montchalin.
“We appreciate the opening from the Ministry of Economy and Finance and the Treasury Department of the French Republic for the intention to grant the Republic of Moldova a financial loan under preferential conditions, for the development of the country’s railway infrastructure.
The funds granted by the French Government will be used to purchase automated equipment and rehabilitate railway sections on the Chișinău-Ungheni section. This project is a strategic one for our country and will substantially improve the connection of the Moldovan railway network to the Romanian and European ones, “ the Minister of Economy, Vadim Brînzan mentioned during the signing of the Letter between the two countries.
Moldova’s Inter-ministerial Committee for the examination of projects offered favorable support for the rehabilitation of the Chișinău- Ungheni railway line project. Now, the French Government has to examine the conditions for granting financial support from the Treasury.
The criteria for the implementation of the financial support from France and the exact financing conditions will be defined in an intergovernmental agreement signed between the Moldovan and French Governments.
