BREAKING NEWS: Romania OKs $229M dredging plan for Constanta Port

The Romanian Government has approved a three-year $229 million dredging plan across 400 ha at the Port of Constanta.

This dredging program is part of a strategic plan to harness European funds for maritime infrastructure development, ensuring the port remains competitive in the global maritime arena.

The financial backbone of this project combines European Union funds with state budget allocations, underscoring Romania’s strategic approach to infrastructure development.

In its official statement, Minister Sorin Grindeanu emphasized the critical role of accessing European money, signaling a departure from past practices and a move towards a more efficient utilization of resources.