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

  • Bosnia gets €750 million loan for Corridor 5C motorway
    March 1, 2018
    Bosnia has signed a European loan agreement worth €750 million for several sections of work on the Corridor 5V motorway project. Denis Zvizdic, head of government for Bosnia and Herzegovina, said the deal was signed in London during a recent investment conference on the western Balkans. Of the loan amount, the Federation of Bosnia and Herzegovina will get €500 million and the internal but autonomous Republika Srpska will receive €250 million. The money will be used for constructing four 70km sections of
    Read More
  • Desert route requires connection
    February 27, 2012
    Only the last section of the Trans-Sahara highway remains to be built. The 4,600km highway is close to completion with just a 223km stretch in Niger requiring construction.
    Read More
  • Brazilian bridge construction deal
    November 24, 2020
    A major Brazilian bridge construction deal has been agreed.
    Read More
  • Tunnelling conference and competition
    September 23, 2019
    The annual tunnelling conference and competition is due to take place in Miami from the 18th-20th November in Miami, Florida. The competition features eight categories and aims to identify the most important ongoing underground works and technologies that help cities change and enable habits and ways of life to evolve in order to build smart and sustainable urba
    Read More

Highlighted Content