Bulgaria and Greece intend to build a high-speed railway to connect six ports on the Danube and the Black and Aegean Seas, officials said in Sofia on Wednesday.
According to the Information Service of the Government of Bulgaria (GIS), the railway will connect the Danube port of Ruse with the Black Sea Varna and Burgas and the Aegean Thessaloniki, Kavala and Alexandroupolis.
Sofia authorized the Minister of Transport of the country to sign an appropriate memorandum of understanding with the Greek side, GIS informs, noting that the construction of the railway will lead to full multimodality through the connection of road, rail, water and river transport.
"The project has a high added value and is expected to attract large investors from the Middle East, China, Russia and other major markets," it was reported. The idea of building a railway was raised in August last year at a meeting of Bulgarian Prime Ministers Boyko Borisov and Alexis Tsipras.