Transport Ministry Gets 17 Million Leva For Strategic Projects

SofiaEcho weekly

The state would allocate 17 million leva in state investment loans to the account of the Transport Ministry, the cabinet decided on October 25.

Of the total, 15.3 million leva will be spent on the overhaul of the electrical system of Plovdiv-Svilengrad railway and 1.7 million leva for a new multi-purpose bridge at Vidin-Kalafar on the Danube.

The ministry will use the remainder to draft project paperwork for the implementation of programmes and newly-built facilities, where primary financing will come from the International Bank for Reconstruction and Development and European Investment Bank.

All three projects are atop the transport ministry agenda for this year.