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    Reference: 20110529
    Release date: 8 November 2012

    Promoter – Financial Intermediary

    Bulgaria

    Location

    Description

    The project aims to restore original design parameters of the sections Mihaylovo-Kaloyanovetz, Stara Zagora-Zimnitza and Tzerkovsky-Burgas with a total refurbishment route of 177.4 km. The project is located on the TEN-T network and co-financed with the EU Cohesion Fund; the project has been prepared with Jaspers assistance.

    Objectives

    The project will contribute to reduce journey times for Freight and Passenger Traffic between Sofia and Burgas, and will improve the railway transport safety and the region connectivity.

    Comments

    n/a

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 42 million

    Total cost (Approximate amount)

    EUR 212 million

    Environmental aspects

    The project falls under Annex II of the EIA Directive 85/337/EEC, as amended, and the Competent Authority decided (Decision Number 27-IIP/2009) that, in this case, no EIA is required and that the project is not likely to have significant effects on a site of nature conservation importance.

    Procurement

    The project has been procured by the National Railway Infrastructure Company (NRIC) and contracts have been awarded through international open tenders in accordance with the Directive 2004/18/EC.

    Status

    Approved - 5/02/2013

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Bulgaria Transport