World Bank to Advise Bulgaria on Introduction of E-Toll System

World Bank to Advise Bulgaria on Introduction of E-Toll System

The World Bank said on Wednesday it signed a contract with Bulgaria's Road Infrastructure Agency for providing advisory services to support the implementation of a national electronic tolling system."Under the contract, the World Bank will provide support for monitoring and quality assurance, expert and technical assistance, toll network and rate analysis and calculation, and technical communication support," the World Bank said in a statement."A team of World Bank experts will also promote a transfer of knowledge and will assist Bulgaria in meeting EU directives on tolling," the lender added. The agreement needs to be ratified by Bulgaria's parliament in order to enter into force. In January, Bulgaria's regional development ministry said it has signed a 150 million levs ($90.2 million/76.7 million euro) contract with a consortium led by Austria's Kapsch TrafficCom to develop and introduce an electronic road toll collection system. The system must be launched within 19 months. It will cover vehicles heavier than 3.5 tonnes, which will pay toll charges based on distance travelled.(1 euro = 1.95583 levs)

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.