Plovdiv Initiates Free Public Transport Cards for Children Aged 7 to 14
Starting this morning, the city of Plovdiv commenced the distribution of free travel cards for public transport to students aged 7 to 14
The Sofia Municipality plans to sign concession contracts for a maximum period of 15 years for public transport stops in the capital, according to Sofia Mayor Yordanka Fandakova.
Fandakova, as cited by the Bulgarian Telegraph Agency, announced Tuesday that a consultant had drafted an analysis indicating that the concession deals were a good opportunity for attracting private investment in the sphere.
She said that there were nearly 2500 public transport stops in Sofia, with less than half of them having canopies and most of them in unsatisfying condition.
She said that the concession contracts would allow the use of private funding for the construction, upgrade, and maintenance of urban transport stops, while the available public resources would be redirected to other modernization measures.
The Sofia Mayor made clear that the consultant had proposed organizing the public transport stops into four lots, the minimum investment for all four being BGN 20 M.
She added that no more than two lots would be included in one concession contract.
Fandakova noted that the mandatory maximum deadline for the supply and installation of the new public transport stops was 36 months.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022