Largest EU co-financing for Bulgarian rail project

By Catrin Jones08 July 2022

Bulgaria are upgrading their rail networks (Photo: Adobe Stock)

The European Commission will give €224.57 million in closed-end fund (CEF) finance to Bulgaria for the modernisation of the Sratsimir section of the Vidin-Sofia railway line.

It has been reported that the project will modernise up to 45km of the railway line and fund the further construction of 14km of an electrified line between Sofia and Vidin - an additional five bridges, one tunnel and three stations will also be constructed.

The modernisation of the Sofia-Vidin railway line is estimated to cost €2.3 billion and will become one of the most expensive rail projects in Bulgaria.

Bulgaria has submitted a further eight transport projects for financial support from the CEF 2021-2017 with a total cost of €391 million - currently, three are approved. The European Commission provided Bulgaria with a total co-financing of €273 million for three projects including the modernisation of the Medkovets to Sratsimir rail section.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
How to overcome the construction skills shortage
Skilled worker shortages are increasing in European construction 
A history of machine control: part one
The major milestones of machine control are examined 
How is construction adapting to supply chain problems?
Industry experts discuss future solutions to supply chain disruption
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA