EC release 1.5 bln EUR for Bulgarian roads

In the beginning of last year the EC banned the road agency to sign contracts the under the operational programs, after a scandal with the late road chief Vesselin Georgiev who have projects for 60 million euro to companies related to his brothers. Then the money under the pre-accession programs PHARE and ISPA was also suspended. 

Now, according to the agency chiefs the funds are being released “because of the great progress reported in the work”.

The first 5 km from Lyulin highway are ready and will be opened by the end of July. The Turkish company implementer “Mapa Chingis” claimes that by the end of the year altogether 12 km will be ready and by the end of 2010 – the whole highway.

The deadline for the establishment of the highway is 30 April 2010. Over 148 million euro are needed for the construction. 75% of them are coming from the European program ISPA and 25% from the state budget.

Advertisements

Pages: 1 2

0 Responses to “EC release 1.5 bln EUR for Bulgarian roads”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s




Welcome to RilaDev’s Blog!

In 2006, RilaDev a English Bulgarian homebuilder embarked on one of the most ambitious hotel and residential project in Bansko, Bulgaria, Pirinea Hotel Spa and Residence.

This blog offers current news and information on the Bulgarian real estate market and economy, local and touristic events and tracks the exciting progress of this emerging market.

This blog will also offer subscribers periodical updates on the Pirinea project, its construction progress and other related information.

For further information please contact

Russell Collins
rcollins@pirinea.co.uk

+44 207 313 8073

Author: Russell Collins - RilaDev

Pirinea Blog Statistics

Members : 391
Content : 158
Web Links : 4
Content View Hits : 15098
Currently Online: 15

Click to subscribe to Pirinea's Blog and be the first to receive the latest new posts by email.

Join 16 other followers

Categories

Advertisements

%d bloggers like this: