Tender opening for crucial new Bulgarian highway

The authorities in Bulgaria are in the tender process for the new Sofia-Kalotina highway project. The tender is for a 31.5km section of highway that will connect Bulgarian capital Sofia with Kalotina on the border with Serbia. The deadline for submitting the tender offers is 7th January 2013. Meanwhile in Sofia itself, a €100 million project to improve key roads in the city is now due to commence. Some €50 million of the funding required for the project is being provided in loan form by the European Invest
November 14, 2012 Read time: 2 mins
The authorities in Bulgaria are in the tender process for the new Sofia-Kalotina highway project. The tender is for a 31.5km section of highway that will connect Bulgarian capital Sofia with Kalotina on the border with Serbia. The deadline for submitting the tender offers is 7th January 2013. Meanwhile in Sofia itself, a €100 million project to improve key roads in the city is now due to commence. Some €50 million of the funding required for the project is being provided in loan form by the 1054 European Investment Bank (EIB). The remainder of the funds required will be sourced from Sofia’s own municipal budget. The project will involve improving and replacing roads and pavements in the city will be replaced. New road signs and street lighting will also be installed and the project includes construction a number of new roads. The EIB loan is being provided over a 25 year term, with a four year grace period.

For more information on companies in this article

Related Content

  • Poland plans push-starting project
    February 28, 2012
    In the wake of the difficulties in Poland over the withdrawal of Chinese contractor COVEC from the A2 highway project, the country's government is now looking for a way ahead.
    Read More
  • India’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
    Read More
  • Pakistan’s key highway and bridge connections
    September 28, 2017
    Plans are now being drawn up for a series of projects that will form part of the China-Pakistan Economic Corridor (CPEC). Four road projects worth over US$3.32 billion have been added to the CPEC programme. The Chinese Government is now in agreement with the plans for the CPEC. One of the new roads being built will run from Naukundi, through Mashkel and to Panjgur. The road will join National highway N-40 with CPEC Route N-85, and the Zhob-Kuchlak route. This last link forms part of the Western Corridor CPE
    Read More
  • Russia's road map ahead
    March 5, 2012
    Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe
    Read More

Highlighted Content