Businesses Flock to Bulgaria's 'Trakiya' Highway

Business | June 7, 2010, Monday // 19:46|  views

Heavy-duty road construction equipment is on stand-by, ready to begin building the next section of Bulgaria's “Trakiya” highway. Photo by BGNES

The Bulgarian “Road Infrastructure” Agency (API) reports increased interest on the part of businesses wishing to supervise the construction of Lot 3 of the “Trakiya” highway.

12 companies have submitted offers for the section linking the town of Nova Zagora with the city of Yambol. The offers were officially opened Monday.

In the previous public tender, for Lot 2, between the city of Stara Zagora and Nova Zagora, 8 companies submitted proposals.

Bozhidar Yotov, Chair of API Managing Board, said the completion of the highway is on time and on schedule, adding the builder for Lot 3 will sign the contract by the end of July and the groundbreaking will be held in the beginning of August. The Greek company “Aktor” submitted the lowest bid of EUR 1.9 M per kilometer.

At the end of May, API and Put Invest Engineering JSC company signed a contract for supervising the construction of Lot 2 of the Trakiya Highway.

Bulgaria’s tie-in "Unified Highway Trace" won the tender for the construction of the 32-kilometer-long section between Stara Zagora and Nova Zagora at the end of February and a month later signed a contract with API.

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.

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

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Tags: Lot 2, supervision, Trakiya Highway, Lot 3, Aktor


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