Bulgaria to set up €6.1 billion infrastructure plan
18 January 2022Bulgaria is looking to set up a four-year infrastructure programme worth around €6.1 billion (US$7.05 billion), according to media reports.
Assen Vassilev, the finance minister, made the announcement, noting that the programme includes building up to five bridges across the Danube River to Romania and three road tunnels under the Stara Planina mountain range.
Work on the Struma and Cherno More motorways is also included in the programme, he said.
Meanwhile, the 103km-long Cherno More motorway will be part of the Pan-European Corridor VIII and link the major tourist cities of Varna and Burgas as it passes along the Bulgarian Black Sea coast. Several sections are already finished, including from the Asparuhov Bridge in Varna to the village of Priseltsi.
Related
-
Dubai approves designs for $35bn Al Maktoum airport
29 April 2024
-
Aramco, China’s Rongsheng plan Saudi liquids-to-chemicals project expansion
29 April 2024
-
Iraqi Deputy Prime Minister and Minister of Oil, Hayyan Visits Zhenhua Oil's Ahdeb Oilfield Project
29 April 2024
-
Oman Cement to invest in captive waste-to-energy unit
29 April 2024
-
Globeleq acquires the 25 MWp Winnergy solar PV plant in Egypt
29 April 2024
-
SEPCO Signs MGS gas booster station Contract with Aramco
29 April 2024