Skip to main content

Bulgarian highway expansion set to grow

After many delays work is now progressing on the expansion of Bulgaria’s highway network. The authorities in Sofia plan to commence construction of the 33km Vratsa-Botevgrad link in the west of the country and the project is expected to cost in the region of €188 million. Meanwhile Turkish input is to be withdrawn from the Ruse-Svilengrad highway project. However, Qatar and Bulgaria remain committed to the project, which will eventually provide a link between Romania and Greece. Running through Bulgaria, th
November 28, 2012 Read time: 1 min
After many delays work is now progressing on the expansion of Bulgaria’s highway network. The authorities in Sofia plan to commence construction of the 33km Vratsa-Botevgrad link in the west of the country and the project is expected to cost in the region of €188 million. Meanwhile Turkish input is to be withdrawn from the Ruse-Svilengrad highway project. However, Qatar and Bulgaria remain committed to the project, which will eventually provide a link between Romania and Greece. Running through Bulgaria, the highway will improve road transport connections from Turkey into Europe when it is complete.

Related Content

  • Highway construction to be completed for South East Nigeria
    June 11, 2018
    Further financing will be required to complete construction work for Nigeria’s vital East-West highway project. Work is being carried out on sections of the highway between Warri and Port Harcourt and from Eket to Ikot Akan and Atan Ikpe. The former stretch is being handled by Setraco Nigeria, while the latter is being handled by Reynolds Construction Company. However a further US$277.4 million will be required to fund the work, which involves widening the highway so that it features two lanes in either dir
  • BAM half year results show jump in pre-tax profit
    August 19, 2016
    Dutch construction and related services group Royal BAM posted improved half-year results, despite Britain’s decision to leave the European Union. Half-year results to June showed pre-tax profit to €45 million, up from €4 million the previous year. However, group revenue slipped back €3.4 billion, down from around €3.5 billion. Construction and mechanical & electrical services suffered a €23.8 million loss, blamed on poor trading in Germany. But civil engineering and property helped profitability.
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
  • Tenders being opened in Brazil for highways and tunnel projects
    February 6, 2014
    A series of major project tenders are opening in Brazil. The Brazilian Government has announced five new road tenders to be launched in 2014. The highway sections run for a total distance of some 2,625km. This programme of works will lengthen the country’s highway network by some 2,282km, with the work costing an impressive US$7.39 billion in all. The roads include the BR-163, BR-364 and BR-153 in the Central West region, and the BR-476 stretch in the South, in addition to the Rio-Niteroi Bridge in Rio de J