Bulgarian government said on Wednesday it plans to launch a procedure to award a concession for the design and construction of a major road linking the city of Ruse on the Danube river with the town of Svilengrad on the border with Turkey.
"Since EU funds cannot cover the construction of all priority projects [...] we propose alternative ways for funding strategic projects of road infrastructure through public-private partnership," the government said in a statement issued after a regular weekly meeting.
The road, with a width of 25 metres, will run along Corridor IX between Ruse and Veliko Tarnovo, then it will cross the Balkan Mountain Range via the Pass of the Republic, as in the highest section a 1.5-kilometre tunnel is to be built, and will then continue south to the border.
The technical design and construction costs will be fully covered by the concessionaire as the state will not provide any loans or state guarantees. The state will finance only expropriation procedures.