European Investment Bank (HQ)

Rehabilitation of Plovdiv - Burgas Rwy Phase II

Last update: Jul 28, 2021 Last update: Jul 28, 2021

Details

Location:Bulgaria
Bulgaria
Category:Unspecified/other
Status:Approval
Sectors:Civil Engineering, Transport
Contracting authority:
Eligibility:Unknown
Budget: EUR 345,000,000
Date posted: Mar 23, 2021

Attachments 2

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Reference: 20200555 Release date: 23 March 2021 Promoter – Financial Intermediary REPUBLIC OF BULGARIA Location Bulgaria Description The project concerns the completion of the rehabilitation and modernisation works on the Plovdiv-Burgas railway
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tender Background

About the Funding Agency

The European Investment Bank (EIB) is the lending arm of the European Union. The EIB is the biggest multilateral financial institution in the world and one of the largest providers of climate finance.

The EIB works closely with other EU institutions to foster European integration, promote the development of the EU and support EU policies in over 160 countries around the world.

Through EIB Global, set up in 2022 to increase the impact of our development finance, the EIB helps address global challenges and creates growth and opportunity on all continents.

About the Sectors

Civil Engineering

Encompasses the planning, design, construction, and maintenance of the physical and naturally built environment and public works within the built environment.


Key areas:
  • Designing and constructing resilient infrastructure
  • Rehabilitating and maintaining the existing built environment
  • Upkeep and modernization of transportation and public infrastructure

Transport

Involves initiatives related to the movement of people, goods, and resources through land, water, and air transport systems.


Key areas:
  • Land transport infrastructure and services
  • Railways, metro, and tramway construction
  • Air transport operations and air traffic systems
  • Water transport and navigable waterways

Locations

Bulgaria

Bulgaria focuses on highway expansion, rail upgrades, energy interconnectors, and water infrastructure to improve regional cohesion and EU integration. EU structural and cohesion funds represent a significant share of infrastructure financing. Investments aim to strengthen transport connectivity along Trans-European Transport Network (TEN-T) corridors. Governance reforms, absorption capacity, and demographic challenges affect long-term infrastructure performance.

Nr. of tenders: 8871
Nr. of grants: 15736
Nr. of donors: 769
Nr. of jobs: 31
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