Investors Interested in Building 3 New Bulgaria-Romania Danube Bridges

Business | January 17, 2014, Friday // 15:27
Bulgaria: Investors Interested in Building 3 New Bulgaria-Romania Danube Bridges Photo by BGNES

Romanian and Bulgarian investors have expressed interest in building three new bridges over the Danube, according to Prime Minister Plamen Oresharski.

Speaking Friday in Parliament, he said that the new bridges over the Danube at Silistra-Calarasi, Oryahovo-Beckett and Nikopol-Turnu Magurele were included in the action plan of the European Commission for implementing the EU Strategy for the Danube Region, adding that the projects were essential for the region.

He explained, however, that no EU funding had so far been agreed for any of the three bridges.

"This forces us to look for other sources of funding, most notably public-private partnership," Oresharski declared, as cited by investor.bg.

He noted that a joint sitting of the governments of Bulgaria and Romania was scheduled to take place in the coming months, adding that the plans for cooperation between the two countries would be on the agenda.

Bulgaria's Prime Minister explained that he had been assured by reliable sources that private investors had expressed interest in entering talks on the construction of the bridges.

Oresharski emphasized that at this stage he could not specify a deadline for the completion of the projects.

In November 2013, Bulgarian President Rosen Plevneliev signed a declaration for cooperation with Romania on the construction of a bridge connecting Bulgaria's Silistra to Romania's Calarasi.

It was reported that a third bridge over the Danube could be funded under the new instrument, Connected Europe, which had a budget of EUR 30 B for the period 2014-2020.

There has been increased talk about a Silistra-Calarasi bridge over the past few months.

The topic was discussed by Bulgarian President Rosen Plevneliev and his Romanian counterpart Traian Basescu in June 2013 alongside the18th Central Europe Summit of Heads of State.

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Tags: Danube Bridge, Plamen Oresharski, Bulgarian Prime Minister, Rosen Plevneliev, EU funding, public-private partnership

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