Bulgaria's Trakia highway deal once again faces failure- minister
Concession of Trakia highway could fail, Regional Development and Public Works Deputy Minister Savin Kovachev said. The consortium selected to carry out the project demanded higher price for the construction than the ones agreed upon, Kovachev said.
The price agreed upon was 2.7 million leva per km, while the consortium wants an increase to 3.5 million leva per km. An additional demand was for Bulgaria to guarantee the highway traffic. Such guarantee means that Bulgaria will have to provide compensation for the lack of such. Bulgaria's commission in charge of the negotiations included the consortium's demands in its report presented to the Cabinet. The Cabinet will have to decide whether the concession deal will be cancelled.