Over 5 mil Inhabitants in Bucharest by '13

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The Romanian capital city will number more than 5 million inhabitants over the coming 5-6 years, the chairman of Bucharest City Hall's Zoning Commission architect Viorel Hurduc said, ACT Media News Agency.

About 3.6 million people live in Bucharest now, Hurduc said.

Over two million vehicles, 500,000 of them from other places than Bucharest, cross the city every day.

But Bucharest cannot manage such a large number of inhabitants and vehicles because it does not avail of either the required street infrastructure or enough utility grids, Hurduc added.
 
In this respect the city's ring road and the DN1 highway, along which a genuine city is in progress, are developing.

The northern part of Bucharest, the city's most crowded, will undergo most rehabilitation works.

Northern Bucharest gathers about 44 percent of the real estate investments made over the last 17 years, Impact Company's president Dan Ioan Popp said.

The land prices in the area have surged by as many as 10,000 times in some places, from a couple of eurocents to 1,300 euros per sqm.

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