EC Okays Danube Bridge 2 Constructors Short List

www.novinite.com, 19th October 2005

The European Commission has given its approval to the short list with the construction companies of the Danube Bridge 2.

The Bulgaria-Romania Vidin - Calafat Danube Bridge Project is one of the biggest and most complicated infrastructure projects managed by the Bulgarian Transport Ministry. It includes the planning and the construction of the bridge with four lanes and one railroad.

The project worth EUR 236 M is financially supported by the programmes PHARE and ISPA of the European Union (EU), the European Investment Bank (EIB), KfW Bankengruppe (KfW banking group), the French Agency for Development (AFD) and Bulgaria's sate budget.

EU's ISPA program will extend EUR 74.9M while the Bulgarian side has committed EUR 60.7M. The French Development Agency and Germany's will also provide co-financing. The building contractor for the 2 km four-lane facility should be hired by mid-2006. Delivery is seen by 2010.

Danube Bridge 2 should be ready by the end of 2008, connecting the Bulgarian town of Vidin, in the northwest of the country, and the Romanian town of Kalafat.

Romania and Bulgaria signed the agreement for the project in March 2000, but the lack of funding hampered the realization.

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