Transport Infrastructure and FDI Importance and Challenges

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Transport Infrastructure and FDIImportance and
Challenges

• George Tabakov
• Chairman, Bulgaria Economic Forum

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Significance and volume of FDI in Southeast Europe
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The FDI stock of the SEE States is still far
behind that of CEE states in absolute terms but
is starting to catch up on a per capita basis
4
Private sector perception of the business
environment in SEE
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Bottlenecks of the infrastructure in Bulgaria
New Bridge across the Danube near Vidin

• Deadline 2007
• Budget EUR 230 m
• State budget EUR 65 m
• Loans EUR 70 m (EIB)
• EUR 18 m (KfW Germany)
• Grants EUR 70 m (ISPA)
  EUR 5 m (AFD France)
  EUR 2 m (KfW)

Construction of Ljulin Motorway Sofia Ring Road
Daskalovo Road Junction
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The Sofia-Niš Highway
Average Dailey Transports From Niš to Bulgaria
Border
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Border checkpoints with Greece

• Kurdjali Komotini
• Gotse Delchev Drama
• Rudozem - Xanti

Lack of railway connection between Sofia and
Skopje
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Projects of high priority for Bulgaria
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Reconstruction, Development and Extension of
Sofia Airport

• Deadline 2005
• Budget EUR 202.4 m
• State budget EUR 40.2 m
• Grants EUR 51.8 m (ISPA and PHARE)
• Loans EUR 60 m (EIB)
• EUR 40 m (KFAED Kuwait)
• Others EUR 10.4 m

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New Breakwater and Bulk Cargo Terminal at the
Port of Bourgas

• Deadline 2005
• Budget EUR 142 m
• State budget EUR 24 m
• Loans EUR 118 m (JBIC)

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Reconstruction and Electrification of Plovdiv
Svilengrad Railway Line

• Deadline 2007
• Budget EUR 340 m
• State budget EUR 37 m
• Loans EUR 150 m (EIB)
• Grants EUR 153 m (ISPA)

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Challenges

• EU Integration
• Political hotbeds of tension
• Political risk
• Lack of administrative capacity and know-how to
  absorb funds from the EU
• Corruption
• Difficulties in meeting high European Safety,
  Security and Environment standards

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Thank you for your attention !