SOFIA (Bulgaria), October 12 (SeeNews) – Bulgaria has launched reconstruction of a 15 kilometre road stretch in Smolyan and Kardzhali regions at a total value of 10.6 million levs ($6.2 million/5.4 million euro), the country's road infrastructure agency said on Monday.
Construction works on the Madan-Benkovski road stretch will be done by local company PST Group, the road infrastructure agency said in a press release.
The value of the contract includes value added tax.
The project is co-funded by the European Regional Development Fund and the state budget.
(1 euro=1.95583 Bulgarian levs)