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580 Mln Eur Eu Money For Modernization Of Bulgarian Railway Lines

Some Bulgarian trains will be able to travel at a speed of 200 km/h after 580 million EUR from the EU Operative Program 'Transport' is absorbed.

The sources are foreseen for the modernization and reconstruction of Bulgaria's railways until 2013, local press reported on Wednesday, quoted by Budapest Business Journal.

The sum is round 30% of the total budget of the 'Transport' Operative Program for Bulgaria.

This makes the National Railway Infrastructure Company the second largest beneficiary of the program after the Republic Road Infrastructure Fund, Bulgaria's road agency.

The modernized railway lines will be: Sofia-Vidin leading to Romania through the future Dabube Bridge 2; Plovdiv-Svilengrad leading to the border with Turkey, Sofia-Plovdiv and Sofia-Pernik-Radomir.

No infrastructure investments have been made in the Bulgarian railways in the last 20-30 years.