Minister Ivaylo Moskovski: Memorandum with Greece to define transport corridor

The corridor is aimed at integrated connectivity, business and industry development, and operating compatibility between the two European states. The corridor combines rail and port infrastructure. The two countries will together study the rates of return and traffic. According to Moskovski, a period of 10 years is real, objective and sufficient for the construction of the corridor. Investments in the Bulgarian section alone are estimated at EUR 1.07 billion. The options for financing are currently discussed with the Greek colleagues. The project could be financed under the Juncker plan or attract the interest of the European Investment Bank and the other major banks, the minister said.