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Bulgaria to support the inclusion of more private investments in the Transport sector

Bulgaria supports the initiatives of the European Commission for attracting greater private investments in the sector Transport for increasing and completing the investments with public funds. That said the Minister of Transport, Information Technology and Communications, Hristo Alexiev during the Transport Investment Conference. The Minister stated that these instruments could complete the traditional finance sources (European Funds, State budget etc.), but not replace them entirely. According to him, the participation of the European Investment Bank in the process is of significant importance as the preliminarily preparation of each project is crucial for its realization and implementation.

Within the frameworks of the Conference, Minister Hristo Alexiev had bilateral meetings with the European Commissioner for Transport Violeta Bulc. Minister Alexiev presented the investments in the transport, which will be realized with Horizon until 2022. He stated that there must have been common standards for the projects within the frameworks of the European Union in order interoperability of the transport systems to be achieved. Commissioner Bulc expressed position that the member states must share experience and best practices in-between as well as to be partners in the common projects. Hristo Alexiev gave an example with the Burgas-Alexandroupolis Project and explained about the good collaboration with the Greek state and that common activities on the issue will be shortly undertaken.

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