Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
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)
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)

Bulgaria to Ink Deal with Turkey, China for High-Speed Railway
Date: 03/12/2010
Bulgaria to Ink Deal with Turkey, China for High-Speed Railway

Bulgaria will very soon sign an agreement with Turkey and China on the construction of a high-speed railway, which will utilize the transport of Chinese goods to the EU.

This was announced by Bulgaria's Transport Minister Alexander Tsvetkov on the Bulgarian National Television Friday. He explained that the freight trains will have a maximum speed of 250 km/h.

"We will sign a trilateral agreement with Turkey and China, according to which the cargo will pass through the future Bosforus tunnel. The tunnel will be ready in a one and a half year's time, facilitating for the first time a direct rail link between Asia and Europe," Tsvetkov clarified.

He pointed out that the high speed railway between Ankara and Istanbul is already under construction and that it is planned to reach Bulgaria on its way to other parts of Europe.

In October, China has formally invited Bulgaria to join together with Turkey the project for a high-speed railway connection from the Far East to Europe, the so called China-Europe high-speed rail link.

The invitation resulted from talks in Beijing between Alexander Tsvetkov and China's Minister of Transport Li Shenglin, Minister of Railways Liu Zhijun, and leading Chinese railway companies.

Topic: Business

Featured District
Invest Bulgaria Charts
FDI to Current Account Deficit of Bulgaria
FDI to Current Account Deficit of Bulgaria

Trade Balance of Bulgaria
Trade Balance of Bulgaria

See all charts
Did You Know?
Cost of Construction in Bulgaria
Cost of Construction in Bulgaria
Cost of construction is about 4-5 times cheaper than the one in Western Europe ... More

Koprivshtica is one of the centers of the Bulgarian education, literature and culture from the National Revival Period. Tremendously beautiful, Koprivshtica is a member of the 100 National Tourist Sites of Bulgaria

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

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2021 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.

Лимузини под наем Electric and Hybrid Modules Repair SEO оптимизация Bulgaria Translation Bulgarian Agriculture
Bulgarian Textile 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