Key financing for the construction of the Ruse - Veliko Tarnovo Motorway

Редакция BurgasMedia Мария Георгиева
20.06.2025 • 15:17
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Key financing for the construction of the Ruse - Veliko Tarnovo Motorway
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The Road Infrastructure Agency and the Managing Authority of the Transport Connectivity Program 2021-2027 signed a grant agreement of over 1 billion BGN for the construction of the Ruse - Veliko Tarnovo motorway. The project includes two sections - from Ruse to Byala and the Byala bypass, with construction work already underway.

The contract for non-refundable financial assistance for the project for the construction of the "Ruse - Veliko Tarnovo" motorway in the section Ruse - Bypass of Byala was signed on June 20, 2025. The contract was concluded between the Road Infrastructure Agency and the Managing Authority of the Transport Connectivity Program 2021-2027. The total amount of eligible project costs is 1,990,566,369.31 leva, with the non-refundable financial assistance amounting to 1,025,327,828.19 leva. This amount is provided by the European Regional Development Fund (871,528,653.96 leva, or 85% of the assistance) and national co-financing (153,799,174.23 leva, or 15% of the assistance).

The project includes two sections - from Ruse to Byala with a length of 40.24 km and a bypass of Byala with a length of 35.4 km. Construction activities are currently underway in 7.9 km of section 2, and a construction permit for the rest of this section has already been obtained. It is expected that a construction permit for section 1 will be issued in September 2025.

The construction of the motorway will lead to a reduction in road accidents and an improvement in traffic safety and speed. The project will improve the cross-border connection between Bulgaria and Romania and contribute to the construction of the north-south motorway network on Bulgarian territory. The ultimate goal is to reduce travel time and provide convenient and safe driving conditions.

Автор Мария Георгиева
Мария Георгиева

Автор на тази статия

Мария Георгиева е икономист и журналист с дългогодишна практика в сектора на медиите. Работила е като анализатор в частния сектор преди да премине към журналистиката.

Специализирана в икономически политики, пазарен анализ и агроикономика. Привърженик на достъпната и разбираема финансова журналистика.

Тагове:
Ruse highway Veliko Tarnovo Transport Connectivity Program grant
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