Bulgaria, Greece to Build Rail Link between Black Sea, Aegean Sea Ports

      Published on Monday, 29 December , 2014      480 Views     
Bulgaria, Greece to Build Rail Link between Black Sea, Aegean Sea Ports

  • Bulgaria-EU

Bulgaria, Greece to Build Rail LinkBulgaria and Greece will connect by rail the Greek ports of Kavala and Alexandroupoli on the Aegean Sea, the Bulgarian Black Sea ports of Burgas and Varna, and Port Ruse on the Danube River.



The implementation of the project will be launched very soon, with the concrete date to be announced by the Greek Embassy in Sofia.

The project Sea2Sea, a joint proposal of Bulgaria and Greece using EU funding, aims at creating a multimodal freight corridor serving the Aegean Sea, the Black Sea and the Danube River.

The idea has been put forth by experts from Bulgaria’s National Railway Infrastructure Company and the Greek port authorities in Kavala and Alexandroupoli.

The project is backed by Greece’s Ministry of Infrastructure, Transport, and Networks and the Bulgarian Ministry of Transport, Information Technology, and Communications.

The new rail corridor is expected to result in a substantial improvement in the connectedness of important intermodal hubs in Northeastern Europe, the Black Sea region, and the Mediterranean in stages.

The rail corridor is to give a boost to the development of the ports of Alexandroupoli, Burgas, Varna, Ruse, Kavala as logistics platforms and contribute to the economic revival of Southern Europe, which has been struggling with the consequences of an ongoing financial crisis.

The rail link is also expected to provide an alternative route to the congested Bosphorus Strait.



http://www.novinite.com/

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Category Bulgaria-EU | 2014/12/29 latest update at 7:00 PM
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