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Cluj-Napoca is Transylvania's cultural center, a tourist attraction and one of the largest cities of Romania.Currently, the city is the socio-economic center of Transylvania. The stable population of the city is around 330,000 and with over 120,000 students is the largest percentage of student population in Romania.
Five European and nine national road segments meet around Cluj-Napoca and work is ongoing at the Bors-Cluj-Napoca-Brasov motorway, currently the largest road project in Europe. Based on this Cluj-Napoca is likely to become one of the most important road corridors in Europe, linking the Atlantic Ocean with the Black Sea.
The city's economic development as well its industrial activities attracted more than USD 156 mln. worth of foreign investment in the last few years. Growing interest in this area is shown by the acquisition of land for future projects of large international companies. French hypermarket operator Cora, part of Louis Delhaize Group, inaugurated a commercial complex in Cluj in 2005.
The EBRD and Phare are financing improvements in Cluj's water system.
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