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4,4 billion BGN more will be invested in our transport infrastructure until 2020

23 March 2017 A+AA-
4,4 billion BGN more will be invested in our transport infrastructure until 2020

Approximately 4 billion BGN will be invested in our transport infrastructure until 2020 on Operational Programme on Transport and Transport Infrastructure and 406 million BGN on the Connecting Europe Facility. That stated the Minister of Transport, Information Technology and Communications Hristo Alexiev during the opening ceremony of the Regional Transport Investment Conference. The event is organized by the Mobility and Transport General Directorate of the EC in collaboration with the Ministry of Transport, Information Technology and Communications.

“With the European funding we do develop by priority the Core corridors of the Trans-European Transport Network, which pass across the territory of Bulgaria: Orient-East Med and Rhine-Danube. We modernize the airport and port infrastructure with the assistance of the private sector”, said also Minister Alexiev in his opening speech.

The modernization of the directions of the Core Trans-European Network and the improvement of the intermodality were also laid in the first programme period of Operational Programme on Transport. „As a result from the implementation of the programme, over 4 billion BGN – European and national co-funding are invested for development of the transport infrastructure of our country”, said the Minister.

“As a result, we expect in the end of the period to have completely finalized railway connection, which ensure modern conditions for transport from Sofia via Plovdiv to Burgas and to Svilengrad – Turkish border”, stated Minister Hristo Alexiev.

He added that the Connecting Europe Facility also plays a key role for the development of the transport infrastructure regarding the Core Corridors on the territory of Bulgaria. For our country are envisaged 406 million BGN from the Cohesion package for priority projects mainly in the railway and water sectors.

By funding under Priority axis “Technical assistance” of OPTTI 2014-2020, at the present stage is being realized a project for the development of Integrated Transport Strategy in the period to 2030. The strategic document is being prepared in fulfilment of the Ex-ante conditions of the European Commission for absorption of European structural and investment funds for the period 2014-2020 and in conformity with the Partnership Agreement of the Republic of Bulgaria.