Moldova’s Compact Proposal includes rehabilitation of two roads crossing Transnistria
The road rehabilitation component of Moldova’s Compact Proposal aims to revamp the following roads: Balti–Criva, Sarateni–Soroca–Unguri, Comrat–Giurgiulesti, as well as two road segments that cross the Transnistrian region: Chisinau–Dubasari–Goieni–Ukrainian border Chisinau–Gura-Bacului–Tiraspol–Ukrainian border. This information was made public by Valentin Bozu, senior economist of the Compact Team, at a meeting of the Expert Group on the road rehabilitation component. The total length of the roads proposed for rehabilitation under the Compact Programme spreads on more than 545 km, and the estimated costs amount to approximately $250m. Following a thorough assessment of the draft, the Expert Group formulated a number of proposals as to the methods of calculating investment recovery, estimating implementation costs, and assessing social, gender and environment implications of the project. The draft road component is to be finalised shortly and submitted for approval to the National Committee for the Compact Programme, alongside other components of Moldova’s Compact Proposal. Moldova became eligible for the full assistance under the Compact Programme on 8 November 2006. After all the components of the country proposal are approved by the National Committee, Moldova will submit its proposal to the Millennium Challenge Corporation. Compact assistance is provided in the form of non-reimbursable investments in key areas for Moldova’s economic growth. The Millennium Challenge Corporation was established in January 2004 by the U.S. Government to contribute to poverty reduction worldwide by promoting sustainable economic growth.