EU Cohesion Fund

One of the most issue-plagued public works of recent decades, the Amvrakia-Aktio highway, was officially inaugurated on Wednesday. The 48.5 km road connecting Aktio in northwestern Greece to the Ionian highway around Lake Amvrakia is considered a pivotal project that will foster economic development, tourism, and enhance road safety across the region.

The European Commission has given approval for the construction of nearly 33 km of the new "Europa" highway in the section connecting the Kalotina checkpoint on the border with Serbia and the ring road of Sofia. The investment of over 183 million euros from the EU Cohesion Fund will contributed to the better integration of the Bulgarian road system into the European transport network.

Bulgaria withdraws the application for the construction of Struma Motorway section via Kresna Gorge, but does not abandon the project, Bulgaria's Road Infrastructure Agency (RIA) said on January 15, BNT reported.

A consortium including local firms GP Group, Global Construction and Via Plan will build the 2km Zheleznitsa Tunnel, part of the Struma Motorway, worldhighways.com writes. 

The contract is worth around €97.5 million and the tunnel will be the longest in Bulgaria.

Bulgaria's road agency said on Tuesday it has signed a BGN185.4 million($106.9 million/94.8 million euro) contract with a local consortium for the construction of the 2 km Zheleznitsa tunnel on Struma motorway, which will be the country's longest, reported See News. 

Tenders for the construction of the Zheleznitsa tunnel, which should be the longest in Bulgaria, were recently opened. According to the proposals of the contenders, the facility was estimated at between BGN 174.5 and BGN 191.5 million excluding VAT.