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Monday, November 13, 2017

Bulgaria gets faster and smoother connectivity thanks to Cohesion Policy

Transport, Local development, Innovation,-,

News The Commission has approved an investment package worth almost 330 million euro from the Cohesion Fund, to finance the construction of parts of the Struma motorway.
The motorway connects the South-West part of the country to the Greek border, on the Trans-European Transport Network (TEN-T).

Still in the field of transport infrastructure, the Commission has approved the modification of the 2014-2020 Cohesion Policy programme for transport infrastructure for Bulgaria, upon request from the national authorities. The programme, worth 1.6 billion euro from EU funds, was modified to allow better preparation of railway projects, by ensuring efficient complementarities with the Connecting Europe Facility on the line from Plovdiv to Burgas and by redirecting some funding for investments in smart systems for traffic management and safety.

Source :  Press room - European Commission


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