Bulgarian Regional Minister Upbeat about Trakiya Hwy Funding

Business | October 9, 2011, Sunday // 13:24
Bulgarian Regional Minister Upbeat about Trakiya Hwy Funding: Bulgarian Regional Minister Upbeat about Trakiya Hwy Funding Bulgaria's newly appointed Minister of Regional Development and Public Works, Lilyana Pavlova. Photo by BGNES

Bulgaria's newly appointed Minister of Regional Development and Public Works, Lilyana Pavlova, voiced Sunday strong optimism about both the funding and the construction schedule of Trakiya highway.

Pavlova spoke in an interview for the Bulgarian national Radio, BNR.

Trakiya highway, which upon completion, is to connect via southern Bulgaria the capital Sofia and the Black Sea city of Burgas, is considered a key infrastructure project of the cabinet of the Citizens for European Development of Bulgaria, GERB, party.

The Minister informed that the European Commission has wired EUR 24 M for Trakiya, adding all construction works are going as scheduled and great progress has been made.

Pavlova, however, reported that the situation with financing of the Struma highway in southwestern Bulgaria is "more complex" over higher cost due to the need of a 13-kilometer-long tunnel for Lot 3, which is upping the amount by EUR 1 B.

"For this reason Lot 3 will be postponed for the next program period. There are no problems with Lots 1, 2, and 4," she explained, adding Bulgarian citizens should not be alarmed about low cost since it does not always equal low quality as in times of crisis top-notch firms are willing to lower their prices.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: GERB, Minister of Regional Development and Public Works, Lilyana Pavlova, Trakiya Highway, Struma Highway, funding, financing, European Commission, tunnel
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria