|
Title: |
Danube river
ports rehabilitation |
|
Objective: |
Formerly very
active traffic on the river Danube (Corridor VII) has suffered
extensively from the blockades and conflicts in the region.
Port installations on the Danube in Bulgaria are in need of
rehabilitation. |
|
Description: |
Rehabilitation of ports on the
Danube river in Bulgaria |
|
Preparation Status/Timing: |
No details
available, study required |
|
Economic/Financial Justification: |
In 1990 some 113
million tonnes of freight were transported along the Danube,
which decreased to some 50 million tonnes by 1996. Navigation
on the river would obviously need to be fully restored for
port investments to be justified. |
|
Cost: |
EUR 5 M (Quick-Start)
EUR 15 M (Near-Term) |
|
Financing Plan: |
To be identified |
|
Borrower/Final Beneficiary: |
Government of Bulgaria
Port authorities |
|
Major Sector/Project Issues: |
Reopening of navigation on the
Danube |
|
Contact Person: |
European Investment Bank
Luxembourg |
