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Transport Infrastructure and FDI Importance and Challenges

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Presentation on theme: "Transport Infrastructure and FDI Importance and Challenges"— Presentation transcript:

1 Transport Infrastructure and FDI Importance 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 Average Dailey Transports From Niš to Bulgaria Border
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 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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