Delta ACM builds motorways with 2.3m euros per kilometre in Iraq

Romanian construction company Delta ACM 93, controlled by businessman Florea Diaconu, will build a motorway in Iraq, whose cost per kilometre is around 2.3 million euros, three or four times less than in the case of motorways in western Romania put up for tender by the National Company of Motorways and National Roads at the end of 2010.
The towns that will be linked by the Erbil-Koya motorway, a section of which will be built by Delta ACM, are located in a hilly area in north-eastern Iraq, where altitudes start from around 400-500 metres. In Romania, a motorway in a hilly area should cost nearly 5 million euros per kilometre, according to cost standards published by the Ministry of Transportation and Infrastructure. However, the cost standards do not include additional work for bridges, passages and viaducts, so a kilometre of motorway costs more in reality.
Delta ACM, with a 91 million-euro turnover last year, will build a 20.6-kilometre section of the Erbil-Koya motorway, which is 58.3-kilometre long, with the value of the contract won by Delta ACM amounting to 66.7 million dollars (47.8 million euros).