Sat, Nov 21 2009

Bulgaria's second Danube bridge open for bidding

Mon, Jun 05 2006 09:00 CET 363 Views

Five companies have been invited by the Transport and Communications Ministry to participate in the tender for the construction of the second Bulgarian bridge over the Danube River.

The ministry invited to compete a joint venture between Germany's Hochtief, Spanish builder Obrascon Huarte Lain (OHL) and Spain's FCC. A consortium between France's Vinci and Bulgaria's Glavbolgarstroi and Moststroi and another consortium led by the German Zublin, Austria's Alpine Mayreder and France's Eiffel have also been invited to join the tender. The fifth invited bidder is a consortium of France's Bouygues, the Bulgarian Transstroi Varna and Italy's Rizzani de Eccher.

The project will connect the Bulgarian town of Vidin, in the north-west of the country, with the Romanian town of Kalafat, thus providing a second link over the Danube.

The bridge will have 1440m of roads and 2480m of railways. There will be a dual-track railway, a dual two-lane carriageway, a pedestrian strip and an emergency lane. The adjoining infrastructure is over 15km long and includes a new road linking the existing roads with the bridge and road junctures. The adjoining railway infrastructure is over 11.5km long.

The deadline for submitting bids is set at September 15 2006. As part of the procedure, Bulgaria has to hire a company to begin construction on the bridge, which should be ready by the end of 2009. The project will cost 236 million euro. A total of 70 million euro will be provided through loans from the European Investment Bank and another 60.7 million euro will come from financing by the Bulgarian Government.

In February 2005, Bulgaria and the European Commission signed a financial memorandum on the terms of an agreement under which the country will receive 70 million euro from the European Union's ISPA programme to build the bridge.

Germany's KfW has already provided a grant of two million euro and a loan of 18 million euro; Agence francaise de developpement provided a five million euro loan; and the EBRD lent 70 million euro. The Bulgarian Government has put up 60.8 million euro in co-financing. The total amount of money collected for the launch of the project is almost 226 million euro.

Write comment

Name:Comment:

Generate new code
Send your comment
Bulgarian Moststroi predicts 50 million leva revenue for 2009

The company did not meet its 47 million revenue target last year due to infrastructural projects that were halted or postponed as funds from the European Commission were not processed. In 2009, however, Moststroi envisages increased possibilities.

More in this category

Bulgarian MPs resurrect proposal to raise spirits excise

Strong public opposition to price hikes prompted Prime Minister Boiko Borissov to axe the Finance Ministry proposal to increase the excise duty on spirits, but MPs have put it back on the agenda.

Back to the future

Bulgaria’s Cabinet seeks to reverse recent changes in the telecommunications sector

At a crossroads, again

Kremikovtzi’s prospects for a recovery plan appear increasingly distant

Cash or card?

Bulgarians are getting the hang of debit and credit cards, MasterCard says

Bulgarian telecom Spectrum Net acquires local peer Orbitel

The two telecoms, both set up to challenge former fixed-line state monopoly BTC, will merge operations and expect to report 20 million euro in revenue and a gross profit of five million euro in 2010.