Bulgaria will attract infrastructure investment

Key infrastructure projects look set to help revitalise Bulgaria’s economy. Concession packages for 10 infrastructure projects in the country could attract outside investment worth as much as €511.3 million. Bulgaria's Transport Ministry believes that the country could qualify for some €2 billion in EU funding for the development of transport corridors in the period from now until to the end of 2014.
July 5, 2012 Read time: 1 min
Key infrastructure projects look set to help revitalise Bulgaria’s economy. Concession packages for 10 infrastructure projects in the country could attract outside investment worth as much as €511.3 million. Bulgaria's Transport Ministry believes that the country could qualify for some €2 billion in EU funding for the development of transport corridors in the period from now until to the end of 2014.

Related Content

  • Chinese investment in infrastructure
    April 24, 2014
    Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget. Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
    Read More
  • Multi-billion dollar Vietnam transport projects to be supported by ODA of Japan
    December 16, 2013
    A total of 29 transport projects costing a combined US$7.42 billion, including the Phan Thiet-Nha Trang road, will be carried out in Vietnam from 2013 until 2016, according to the country’s Ministry of Transport. Of the 29 projects, 18 projects worth $2.34 billion collectively were due to be commissioned by the end of 2013. The ministry has said that the projects are supported by the government of Japan through $6 billion of ODA funds, including around $774.59 million for 2013. The Quang Ngai-Danang and D
    Read More
  • Bulgarian highways moving ahead
    February 28, 2012
    Bulgaria's road system is underdeveloped and its highway network is seeing significant investment from the EU in terms of funding and expertise.
    Read More
  • A new highway is planned connecting Turkey with Romania through Bulgaria
    May 24, 2012
    Discussions are now underway on a new highway to connect Turkey with Romania. A major stretch of this new highway will run through Bulgaria, which will provide a much-needed link in the country as it has insufficient express road infrastructure at present. The Bulgarian section of the highway would run from Ruse to Svilengrad. The political leaders of Bulgaria and Turkey, as well as Qatar, have been in discussions over the proposed project
    Read More

Highlighted Content