Completion of Priority Railway Projects in Bulgaria to Cost 4.32 Bln Euro - Transport Min

Completion of Priority Railway Projects in Bulgaria to Cost 4.32 Bln Euro - Transport Min

The completion of all priority railway projects in Bulgaria is estimated to cost 4.32 billion euro ($5.1 billion), transport minister Ivaylo Moskovski has said. About 4.15 billion euro will be used for projects related to the Trans-European Transport Network (TEN-T), Moskovski said in a statement on Thursday. The remainder of 173 million euro will be used to finance an upgrade of the 123 km-long railway section Karnobat-Sindel, the minister said, adding that the section is very significant because it is connecting Bulgaria's largest Black Sea ports of Varna and Burgas. Some of the projects will connect Bulgaria's railway network to the networks of its neighbours and those investments will boost growth and security of the whole region, Moskovski said. The modernisation of railway section Vidin-Sofia, part of Europe's Orient/East-Med Corridor has an indicative value of 2.3 billion euro. The upgrade of the section is planned for 2022-2027.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.