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

  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Romania eyes new Danube River bridge
    August 20, 2024
    The announcement by Romania’s minister for transport, Sorin Grindeanu, comes as the Friendship Bridge, connecting Giurgiu in Romania and Ruse in Bulgaria, is closed for repairs.
    Read More
  • Corridor 10 project in Serbia may be delayed
    April 2, 2013
    A series of challenges are now facing the project to construct Serbia’s key Corridor 10 highway. The EU has asked the Serbian Government for details of the priority plan and deadlines for the completion of the Corridor 10 highway. At present three sections of Corridor 10 are at risk, due to delays and financing issues. These are the Ciflik-Pirot stretch, the Bancarevo tunnel and the Vladicin Han section. According to Serbian roads company Koridori Srbije, the construction schedule will be set by the end of
    Read More

Highlighted Content