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)

Bulgarian PM Breaks Ground of 2nd Road to Greece
BULGARIAN PM BREAKS GROUND OF 2ND ROAD TO GREECE
Date: 01/09/2011
Source: novinite.com
Bulgarian PM Breaks Ground of 2nd Road to Greece

Bulgaria's Prime Minister, Boyko Borisov, in the company of three members of his cabinet, broke ground Thursday of the second stage of the road to Greece through the Makaza mountain pass.

The road segment is between Kardzhali and Podkova. It is 34-km-long of which 27 km are new construction and the rest are being rehabilitated. The road construction includes the building of 8 new bridges, one overpass, two underpasses, and 7 junctions.

The investment amount is estimated at BGN 32 M without Value Added Tax (VAT).

The segment must be completed in 25 months. The project is considered a key one from the EU operational program Transport 2007 – 2013 with 80% of the funding provided by the EU.

Regional Minister, Rosen Plevneliev, Transport Minister, Ivaylo Moskovski, and Agriculture Minister, Miroslav Naydenov, also attended the ceremony.

During the ceremony, Borisov took a bottle of champagne, but instead of breaking it in the construction equipment, gave it to worker standing the closest to him with the wish to dig as the PM would himself dig. He then prompted the three ministers to grab the pickaxes and turn the first sod on their own, saying "I am the Boss; I don't work with pickaxes."

The border checkpoint Makaza with Greece, the biggest after Kulata, is scheduled to open on October 15.

The section in question is the road between the southern Bulgarian city of Kardzhali in the Eastern Rhodope Mountain, and the village of Podkova, which is located just 15 km north of the Makaza Pass on the Bulgarian-Greek border, at an altitude of 331 m, in the Kirkovo Municipality.

Podkova is also the southernmost train station on Bulgarian territory, and the end of the Ruse-Podkova railway which was never extended to reach Greece's Aegean coast in spite of projects for that dating back more than 100 years because of political reasons.

The 24-km road section between Kardzhali and Podkova will be connected to the already completed road between Podkova and the Makaza Pass, thus providing a fast and direct road connection from Central Southern Bulgaria to Greece via Kardzhali.

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.

However, the international transport corridor, which harbors the potential to stimulate the development of much of Bulgaria's central regions, does not function at present because the Makaza Pass in the Rhodope Mountains on the Bulgarian-Greek border remains closed.

This is in spite of numerous promises in the past five years by senior Bulgarian and Greek politicians that a border crossing point there will be opened "next year."

The start of the construction of the Kardzhali-Podkova road was announced Tuesday by the Bulgarian Road Infrastructure Agency, which said it had just signed the contracts with a consortium of construction companies. The news comes after last week the Bulgarian government declared the he 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 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).

The actual realization on European Transport Corridor No. 9, however, also depends on 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.

In addition to the construction of the Kardzhali-Podkova road, the Road Infrastructure Agency announced the start of a project for the rehabilitation of 25-km road between the towns of Batak and Dospat in the Western Rhodope Mountains, which was last repaired 10 years ago. The project will be carried out by a consortium called Batak 2011, which includes Integrated Road Systems and Patisha AD, for 4 months for a total of BGN 12.4 M; the funding is from EU Operational Program "Regional Development" and from the state budget.


Topic: Infrastructure



Featured District
BLAGOEVGRAD DISTRICT AND CITY INFORMATIONBlagoevgrad
Invest Bulgaria Charts
Producer Price Index of Bulgaria (change %)
Producer Price Index of Bulgaria (change %)

Real GDP Growth of Bulgaria
Real GDP Growth of Bulgaria

See all charts
Did You Know?
Cost of Labor in Bulgaria
Cost of Labor in Bulgaria
A Bulgarian software project leader makes about 1,200 Euros a month ... More

Silistra is a lovely, tranquil and picturesque city on the bank terraces where the river leaves Bulgarian territory.The hills afford a lovely view of the city, the river with the islands, the Romanian bank across and the vast Wallachian plain beyond. This small area is a horn of plenty. It is Bulgaria's biggest apricot orchard.

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

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2024 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 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. Supported by WorldStreet


Our Featured Members