Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Sofia Turns Romania-Bulgaria-Greece Dream Road into Priority Project
SOFIA TURNS ROMANIA-BULGARIA-GREECE DREAM ROAD INTO PRIORITY PROJECT
Date: 24/08/2011
Source: novinite.com
Sofia Turns Romania-Bulgaria-Greece Dream Road into Priority Project

Bulgaria's Cabinet has declared the road from the Danube city of Ruse on the Romanian border to the Makaza Pass on the Greece border to be a project "of national importance" in a long-awaited move.

The Ruse-Makaza road linking Romania and Greece through Central Bulgaria is supposed to be part of the Pan-European Transport Corridor No. 9 leading from Helsinki, the Baltic states, Moscow, Kiev, and Bucharest to the Greek port of Alexandroupolis on the Aegean.

The international transport corridor, which harbors the potential to stimulate the development of much of Bulgaria's central region does not function at present, however, because the Makaza Pass remains in the Rhodope Mountains on the Bulgarian-Greek border remains closed in spite of numerous promises in the past five years by senior Bulgarian and Greece politicians that a border crossing point there will be opened "next year."

The delay in the opening of the Makaza Pass, which is some 20 km north of Greece's Aegean coastline, has been attributed to the slow construction of the road on the Greek side of the border. If it becomes fully operational, the Ruse-Makaza Pass road will provide the shortest route from Romania's capital Bucharest (and much of Central and Eastern Europe, for that matter) to the Aegean / Mediterranean.

On Bulgaria's territory the Ruse-Makaza Pass road (section of Pan-European Transport Corridor No. 9) goes through Ruse, Byala, Veliko Tarnovo, Dryanovo, Gabrovo, the Shipka Pass (Balkan Mountain), Kazanlak, Stara Zagora, Dimitrovgrad, Haskovo, Kardzhali, and Momchilgrad to reach Makaza. It is dubbed Road I-5 (E-85) for Bulgarian government purposes.

The long-anticipated decision of the Bulgarian government to make the Ruse-Makaza road a "priority project" is justified with the need to absorb EU funds under Operational Program "Transport", which would allow faster administrative procedures for investments, land expropriation, and construction.

The Bulgarian government plans to turn the road in question into a "high-speed way" (with four lanes), and to construct the 24-km road section from the city of Kardzhali to Makaza with EU funds from the Transport operational program. The section is to be constructed by a consortium, "Kardzhali-Podkova" of 4 firms for a total of EUR 32 M.

It is still unclear how if Wednesday's decision of the Bulgarian government might somehow speed up the realization of one of the most-talked about infrastructure projects in Bulgaria in the past 20 years – the construction of a tunnel under the Shipka Pass in the Stara Planina Mountain (Balkan Mountain), which is supposed to improve greatly the transport links between Northern and Southern Bulgaria along the Ruse-Makaza route.


Topic: Infrastructure



Featured District
VELIKO TARNOVO DISTRICT AND CITY INFORMATIONVeliko Tarnovo
Invest Bulgaria Charts
Employed People in Bulgaria
Employed People in Bulgaria

Gross Value Added of Bulgaria - Annual Growth Rate
Gross Value Added of Bulgaria - Annual Growth Rate

See all charts
Did You Know?
Bulgarian Wine
Bulgarian Wine
Bulgaria has been in the wine business for over 1200 years. The taste and quality of the Bulgarian ... More

The town of Gabrovo is situated in Northern Bulgaria, along the River Yantra, in the north Sredna Stara Planina mountain spur, 392 m above sea-level. A lot of world-famous companies from other countries have representative offices in Gabrovo.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members