Qatar Interested In Investing In Bulgarian Infrastructure Projects

Qatar has the will and interest to invest in the Bulgarian transport infrastructure, but our country needs to prepare and present its investment projects convincingly. Without specific technical parameters, financial analyzes, and deadlines, we can not attract large international investors.”

This was stated by President Rumen Radev at a meeting  with MPs from the Committee on Regional Policy, Urban Planning and Local Self-Government and by the Committee on Transport, Information Technologies and Communications at the National Assembly, the press-secretariat of the head of state has said, quoted by Econ.bg

He introduced the results of his official visit to Qatar where he was invited by Emir Sheikh Tamim bin Hamad al-Thani from 10 to 12 April this year.

“During my talks in Doha with the Emir, the Prime Minister, the Qatar Transport Minister and the Executive Director of the Qatar Investment Agency, the Partnership for Road Infrastructure Development in Bulgaria in the North-South direction was raised again,  Rumen Radev pointed out.

The president highlighted the excellent political ties between Bulgaria and Qatar, including good personal contacts, and highlighted the willingness of the Arab state to invest in the Ruse – Svilengrad motorway and the tunnel under the Shipka peak.

“Qatar is interested and will invest funds, but only if the Bulgarian state provides up-to-date projects ready for realization,” the president said.

He urged MPs, in coordination with the executive, to take more expeditious and effective action to make the necessary progress.

,,The government and the parliament are the driving force for the implementation of the projects under discussion, I am committed to assisting at the highest political level that our ready proposals will be presented to the Qatari”, Rumen Radev said.

The MPs committed themselves to initiating a joint meeting of the two committees by inviting representatives of all the relevant institutions to a debate on the topic.

Read More

Bulgaria No Longer Has Roaming Fees

Mobile phones users all over the EU, which includes Bulgaria, Romania, Greece and Croatia, will benefit from new “roam like at home” rules from...

Eurohold Bulgaria’s Revenues Rise By 31%

Financial and insurance group Eurohold Bulgaria said on Tuesday its consolidated operating revenue increased by 31% year-on-year to 786.5 million levs ($450.0...

EC Approves Funding For Plovdiv-Burgas Railway

The European Commission said on Thursday that it has approved 293 million euro ($331 million) in Cohesion Fund financing for an upgrade of a...

Recent

Speedy Receives Regulator Approval

Bulgaria's competition regulator said that it has given clearance to local express delivery company Speedy to acquire its peer Rapido Express and Logistics....

IMF: Global Economy Is In Recession

According to the International Monetary Fund (IMF), the global economy has been growing slowly during the global financial crisis. Experts see the reasons for...

246 Million BGN Tender For 16 New Electrical Trains

Bulgarian state railways BDZ Passenger Transport has announced a public procurement for 16 newly-manufactured electric trains, intended for use on fast and...