Bulgaria to Start Building Intermodal Terminal in Varna in 2015
The construction of the new intermodal terminal in Bulgaria's Black Sea city of Varna may start in 2015, according to Transport Minister Danail Papazov.
Speaking Monday in Varna, Papazov noted that a working group was preparing the terms of reference of the facility.
He said that the results of the work of the experts were to be available by the end of March.
Papazov, as cited by the Bulgarian Telegraph Agency (BTA), argued that the intermodal terminal would have special quays for processing containers and grain.
He told journalists that the designing of the facility would absorb around BGN 15 M.
The activities for the construction of the intermodal terminal in Varna started in the summer of 2013.
Bulgaria's Transport Ministry proposed that the terminal include Port Varna Iztok (Varna East) and railway station Varna and that the two be united in a complex.
The project is to use state funding and revenues of Port Varna and State Enterprise Port Infrastructure.
Papazov explained Monday that the ports in Varna and Burgas had signed preliminary contracts related to the construction of the South Stream gas pipeline.
He announced that the ports could offer services related to the logistics of the implementation of the gas pipeline project, adding that the Bulgarian State Railway Company (BDZ) could also be assigned such tasks.
Papazov assured that there was no need to beef up security at Bulgarian ports due to the current situation in Ukraine, stressing that the safety of the facilities had been guaranteed.
- » EC Vice President Sefcovic: EU Wants Transparency, Secure Energy Supplies
- » Bulgaria Launches Tenders for Oil, Gas Exploration Rights at Silistar, Teres Blocks
- » Minister Predicts 50% Increase in Air Traffic over Bulgaria after Launch of Istanbul New Airport
- » Repair Works Begin on Two Bulgarian Motorways, Largest Sofia Boulevard
- » Bulgaria C-Bank 'Warned Greek-Owned Banks' over Grexit Scenario
- » Bulgaria GDP Growth 1.2% in 2015, 1.5% in 2016 - IMF