JAPAN TO PROVIDE USD 104 M GRANT

Business | June 11, 2001, Monday // 00:00

Japanese Bank for International Cooperation grants another $104 M for the construction of the metropolitan, Sofia Mayor Stephan Sofiyanski said. The loan is under intergovernmental agreement and has a grace period of 10 years, the Mayor elaborated. Two metro stations are to be built by these funds, one is in downtown Sofia, close to the Sofia University. Due to the preliminary assessments, the construction works are to start in end-October, 2003 and to end in October 2006.
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