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Transport Infrastructure and FDI Importance and Challenges

Transport Infrastructure and FDI Importance and Challenges. George Tabakov Chairman, Bulgaria Economic Forum. Significance and volume of FDI in Southeast Europe.

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Transport Infrastructure and FDI Importance and Challenges

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  1. Transport Infrastructure and FDIImportance and Challenges George Tabakov Chairman, Bulgaria Economic Forum

  2. Significance and volume of FDI in Southeast Europe

  3. 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

  5. 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

  6. The Sofia-Niš Highway Average Dailey Transports From Niš to Bulgaria Border

  7. Border checkpoints with Greece • Kurdjali – Komotini • Gotse Delchev – Drama • Rudozem - Xanti Lack of railway connection between Sofia and Skopje

  8. Projects of high priority for Bulgaria

  9. 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

  10. 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)

  11. 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)

  12. 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

  13. Thank you for your attention !

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