Bulgaria to Start Building Intermodal Terminal in Varna in 2015

Business | March 10, 2014, Monday // 16:06
Bulgaria: Bulgaria to Start Building Intermodal Terminal in Varna in 2015 Bulgaria's Transport Minister Danail Papazov, photo by BGNES

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.

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: Danail Papazov, Transport Minister, intermodal transport terminal, Varna, Port Varna, Port Varna-East, Port Burgas, Bulgarian State Railways, BDZ, South Stream gas pipeline, state enterprise, Port Infrastructure
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