Bulgaria Contracts Trakiya Highway Supervisor

Business | May 28, 2010, Friday // 17:15|  views

The groundbreaking ceremony for the 32-kilometer section of Trakiya Highway was held on May 3, but construction works could not be launched because of an appeal against the selected supervisor. Photo by EPA/BGNES

Bulgaria's road infrastructure agency and Put Invest Engineering JSC company signed on Friday a contract for supervising the construction of Lot 2 of the Trakiya Highway.

The company will pocket BGN 1.125 M.

“We will do everything we can to meet the deadline for the construction of Lot 2, “ Valentin Zarev, executive director of Put Invest Engineering JSC, said at the ceremony, adding that work will begin in several sections simultaneously.

The groundbreaking ceremony for the 32-kilometer section of Trakiya Highway, linking the city of Stara Zagora and the town of Nova Zagora, was held on May 3, but construction works could not be launched because of an appeal against the selected supervisor.

The government accused Mladen Chervenyakov, a lawyer, former minister and current member of the opposition Bulgarian Socialist Party, for deliberately undermining the project by submitting the appeal in the very last minute.

Eventually the Commission on Protection of Competition rejected the appeal of the National Transport Axes Association to stop the construction of the lot 2 section of the Trakiya Highway.

Bulgaria’s tie-in "Unified Highway Trace" won the tender for the construction of the new 32-kilometer-long section of the Trakiya Highway at the end of February and a month later signed a contract with the Bulgarian Road Infrastructure Agency.

The Bulgarian consortium submitted the lowest bid - BGN 137,86 M – in competition with three other approved applicants. 4 000 jobs will be created by the project in the Stara Zagora region.

Construction works are scheduled to be completed in 25 months. The price of the construction is estimated at about BGN 138 M, 30-35 % of the funds will be made available by the end of the year.

The project will be funded entirely by the state budget until Brussels approves funding under the Operational ‘Transport’ Program.

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Tags: Put Invest Engineering JSC, National Transport Axes Association, Lot 2, Commission on Protection of Competition, appeal, supervision, Trakiya Highway

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