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Nov 07, 2017 18:19 EEST
SOFIA (Bulgaria), November 7 (SeeNews) – Bulgaria intends to invest just over 800 million levs ($473.7 million/409.0 million euro) in the rehabilitation of the railway line connecting the country’s second largest city Plovdiv to the city of Burgas, on the Black Sea coast, the government said on Tuesday.
Around 500 million levs of the total sum is expected to come from EU funds under Operational Programme Transport and Transport Infrastructure, although the European Commission has not yet issued a final approval of the project, the Bulgarian government said in a statement.
The aim of the project is to improve the security of the railway and increase the possible speed to 160 km/h, which will reduce the time it takes for passenger trains to cover the distance between the two cities by 40 minutes.
(1 euro = 1.95583 levs)
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