Chinese funding to construct Black Sea connection

Two Chinese construction firms are keen to build Bulgaria’s Cherno More highway. The highway runs close to the country’s Black Sea Coast and will connect the cities of Varna and Burgas when it is complete. The project is just one of several in Central and Eastern Europe that will receive a portion of the €10 billion cooperation credit line proposed by China for the region. The 103km Cherno More highway will be one section of the Pan-European Corridor VIII and will connect with the Hemus highway at Varna and
January 21, 2014 Read time: 1 min
Two Chinese construction firms are keen to build Bulgaria’s Cherno More highway. The highway runs close to the country’s Black Sea Coast and will connect the cities of Varna and Burgas when it is complete. The project is just one of several in Central and Eastern Europe that will receive a portion of the €10 billion cooperation credit line proposed by China for the region. The 103km Cherno More highway will be one section of the Pan-European Corridor VIII and will connect with the Hemus highway at Varna and the Trakia highway at Burgas, both of which run towards capital Sofia.
Finance & Funding Road Structures

Related Content

  • Corridor for prosperity: The 5G Road
    June 14, 2019
    The next generation of highways will be a matrix of smart, intelligent and dynamic technologies that lower maintenance costs and ensure user safety. But challenges lie ahead, as Geoff Hadwick discovered in Dubrovnik The fifth-generation road is about to provide the world’s highway authorities with a big leap forward. This “forever-open”, self-healing road will integrate innovation into infrastructure, vehicles and entire intelligent transport systems, says Adewole Adesiyun, deputy secretary general of
    Read More
  • Chinese firm for Cameroon highway contract
    February 8, 2024
    A Chinese firm will carry out a key Cameroon highway contract.
    Read More
  • Chinese loan for Bangladesh
    August 26, 2021
    A Chinese loan will be used for road works in Bangladesh.
    Read More
  • G&Z pave the way as East meets West
    March 28, 2014
    The Silk Route is one of the oldest trading links between Europe and Asia and is being upgraded with some of the newest equipment. The nation of Georgia is located on what is known as the ‘crossroads’ between Western Asia and Eastern Europe. It lies to the east of the Black Sea and is on one of the shortest routes between western China and Europe. Since the Middle Ages this strategically important country has played host to one of the network of roads collectively known as the Silk Route. For much of the 20
    Read More

Highlighted Content