Wednesday, 3 April 2013

Bulgaria Infrastructure Report Q2 2013

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Bulgaria Infrastructure Report Q2 2013
Apr 3rd 2013, 00:00

BMI View: Infrastructure projects face strong headwinds in Bulgaria as lack of investor confidence andcorruption continue to impede growth. We forecast year-on-year growth of 0.9% for 2013, rising to 2.1% in2014. Over the 10-year forecast period, industry value will rise from US$2.9bn in 2013 to US$4.2bn by2022.Key developments in Bulgaria''s infrastructure sector:? The Sturma motorway development project in the Yugozapaden region of Bulgaria has securedEUR274mn (US$359.48mn) in financial assistance from the European Commission (EC). Workcomprises the construction of a dual carriageway between Dolna Dikanya and Blagoevgrad, and fromSandanski to the border cr...

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