State to present projects worth EUR 450mn for EU financing in Apr-Sep

Regional deputy minister Dimcho Mihalevski informed that the country is preparing projects amounting to EUR 400-450mn to be put forward for EU financing in April-September. According to the National Strategy for Integrated Infrastructure Development for 2006-2015, about EUR 5.5bn will be allocated to infrastructure projects until 2009. The regional ministry also announced that concession tenders for the construction of Cherno More Motorway along the Black Sea coast will be called by the end of the year. The track of the motorway is not defined yet. The concession will be granted for up to 35 years.