Skip to main content

Bulgarian highways moving ahead

Bulgaria's road system is underdeveloped and its highway network is seeing significant investment from the EU in terms of funding and expertise.
February 28, 2012 Read time: 1 min
Bulgaria's road system is underdeveloped and its highway network is seeing significant investment from the EU in terms of funding and expertise. Work on two key highway sections now looks set to move forward. One contract is for the construction of a 34km section of the Maritsa highway. This has been awarded to a consortium comprising Austrian firm Porr Technobau und Umwelt and Bulgarian company Patnostroitelna Tehnika. This consortium won the bidding process in the face of strong competition with a package worth €62.4 million. Meanwhile the tender process for a 17km section of Bulgaria's Struma highway has attracted 19 bidders. The road will connect Dupnitsa with Dolna Dikanya.

Related Content

  • New Bangladesh expressway section to be built
    January 27, 2022
    A new Bangladesh expressway section is to be built in capital Dhaka.
  • Peru plans unblocking pathways to projects
    January 15, 2015
    The Peruvian Government plans to push ahead with a series of transport infrastructure projects that have previously suffered delays. Recurrent issues over the size of many of the projects and the investment required have been amongst the factors causing the delays. Opening up funding routes for the projects could release investments worth up to US$6.75 billion in all. The Peruvian Ministry of Transport and Communications (MTC) is working on the necessary paperwork to allow work to commence on roads worth i
  • UAE setting construction agenda
    May 25, 2012
    Talks are now underway again for the US$3 billion Bahrain-Qatar Causeway project, which was delayed largely due to the financial crisis. Work on the 40km causeway project, which is intended to feature both road and rail connections, stopped in June of this year. The project is being handled by a consortium headed by Qatari Diar Real Estate Investment Company (QDREIC) and French firm Vinci Construction. Under the original plan the road links were due to be completed by 2013 and the rail connections by 2015,
  • Tenders and financing for Serbian highways
    November 22, 2013
    The Serbian Government is considering a loan from China’s Export-Import Bank, which would pay for the construction of the E-763 highway. The bank looks set to give its approval for the €223 million loan, which would pay for 90% of the construction work for the E-763, or Obrenovac-Ljig, highway. The loan would be approved over a 20 year repayment period and a five year grace period at the fixed rate of 2.5%/year. Meanwhile tendering will open for completion works on Serbia’s Pirot-Dimitrovgrad highway unti