Bulgaria signs Shipka Pass deal
19 June 2022
Bulgaria has awarded a design-build contract worth around €186.4 million (US$200 million) for the Shipka Peak Tunnel in the Balkan Mountain range.
The tunnel will be of the north-south I-5 highway and run under Shipka Peak, rising 1329m above sea level in the Bulgaria’s Balkan Mountains and within Bulgarka Nature Park. I-5 follows European route E85 from Ruse to Haskovo.
The PSVT consortium picked up the project which is part of the bypass for Gabrovo City, a town of around 50,000 situated on the Yantra River and in the geographic centre of the country. It is known as an international capital of humour and satire and also for being the longest town in Bulgaria, stretching 25km along the Yantra and at in places only 1km wide.
Construction of the bypass higher up the narrow valley has been going on for several years.
The state Road Infrastructure Agency said four bids were received for the project, with the lowest coming from the PSVT consortium, led by firms Patni Stroezhi and Veliko Tarnovo.
Last year it was reported that the bid meant PVST would take a 34 per cent interest in the project while local consortium partners Hydrostroy and Patinzheneringstroy-T would each take 33 per cent.
Funding for the project will come from the Bulgarian government’s Transport Connectivity 2021-2027 Operational Programme. Meanwhile, the Bulgarian transport ministry said that Bulgaria and Romania are discussing details for erecting five bridges over the River Danube. Bulgaria reportedly will begin dredging works along parts of the river this month at a cost of around €7.7 million. A joint application by Bulgaria and Romania for EU funding for engineering works on the river will also be made.
Related
-
Siemens Energy, Končar signed contract for first Croatian hydrogen facility
12 December 2025
-
ACWA Power and Bapco Energies to Develop 2.8GW Solar Power Project
10 December 2025
-
Wpd obtains wind power approvals in Greece for 225 MW
9 December 2025
-
Turkey earns EUR 84.8 million upfront from solar power auction
9 December 2025
-
Dubai RTA announces Al-Wasl road development project
8 December 2025
-
Vinci team completes €331m Greek motorway
7 December 2025


京公网安备
11010802030424号
京ICP备19046776号-2