Home / Bulgaria Railway Data / Bulgarian Railways: EUR 107 million minimal investment programme for the next 7 years

Bulgarian Railways: EUR 107 million minimal investment programme for the next 7 years

The plan for recovery and development of the Bulgarian State Railways (BDZ) for 2015 – 2020 was presented on Tuesday. According to the document, the company has in plan to purchase at least 30 EMUs.

“We have envisaged a minimal investment programme of BGN 210 million ( EUR 107 million) for the next 7 years. This is a realistic scenario. In a more optimistic possibility which will lead to an increase in rolling stock, which would raise the quality of services, not only in the Sofia – Burgas route but also in the rest of key routes, the investment is to reach 430 million,”  stated Vladimir Vladimirov, executive director of BDZ Holding. (Focus Agency)

The Bulgarian National Railway Infrastructure Company (NRIC) is focusing on carrying out Serbian border – Sofia – Plovdiv – Svilengrad- Turkish border, Plovdiv – Burgas, Sofia – Varna (Mezdra – Kaspichan section), the Ruse – Varna  and Karnobat – Sindel railway infrastructure development projects. For the competition of Sofia – Varna railway line an amount of BGN 1.4 billion is necessary, informed Milcho Lambrev, NRIC Director General.

The infrastructure manager is ready  to close down or give into concession unprofitable railway lines.

Check Also

Nokia's communications network to support railway operations on Malaysia's first mass rapid transit line

Nokia’s communications network to support railway operations on Malaysia’s first mass rapid transit line

Nokia has supplied a mission-critical communications network to LG CNS – a Korea-based systems integrator …

Leave a Reply

Your email address will not be published. Required fields are marked *