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Romanian President Wants Black Sea Port to Become Major Transit Port

Posted on: Monday, 29 August 2005, 18:00 CDT

Text of report in English by Romanian news agency Rompres

Bucharest, 29 August: President Traian Basescu has paid an informal meeting today at the headquarters of the Constanta Port National Administration Company to discuss with officials for freight transport operators and navigation service providers.

The president said the aim of the meeting with the over 25 officials of operators, state authorities and companies administering the local port domain and maritime traffic ways was to identify the main manners for turning the Constanta Port, the largest Black Sea port and one of Europe's biggest, into a transit port.

"I asked the officials to submit to me in 30 days a comparative analysis between the Constanta Port and the main ports in Eastern Mediterranean Sea because these are the ports we compete with in freight transit and traffic. This will help us build up a strategy. It is a sure fact that in order to attract freight transit to Constanta, the port operators and administrators here will have to charge accessible tariffs and provide quality shipping services. The Constanta Port has many facilities that no other port in Eastern Mediterranean Sea possesses, as it is linked to Central Europe through the railroad, road, river and air transport networks", Basescu said at the end of the meeting.

He also gave assurance that investment in transport infrastructure will continue to be one of the main concerns of the government and the presidential administration. "I have good news: By the end of this year all the documents will be signed for raising a loan to finance construction works on the Cernavoda-Constanta motorway, which will have a special by-pass to Constanta Port. At the same time, we will raise a non-returnable loan of 150m euros, under the [EU's] ISPA Programme, for the rehabilitation of the Bucharest-Constanta railroad route, while next year we will start works on the motorway segment linking Timisoara to Nadlac," Basescu also said.


Source: BBC Monitoring European

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