October 17 (SeeNews) - Bulgaria's National Railway Infrastructure Company (NRIC) will sign a contract for the modernisation of the Orizovo-Mihaylovo railway section by the end of October, the company's general manager Krasimir Papukchiyski said.
The contract is part of a larger project for the modernisation of the Plovdiv-Burgas railway, which benefits from EU funding under Operational Programme Transport and Transport Infrastructure, Papukchiyski said in an interview published on NRIC's website.
The contract has an estimated value of 248.4 million levs ($141.3 million/127.0 million euro), according to documents from the public procurement procedure.
(1 euro = 1.95583 levs)