The renovation of the entire Magistralna Street – from Metro Cash & Carry Store all the way to the South Junction – is reportedly under planning at the moment according to a local newspaper. The lot is part of the national road system and accommodates all the traffic between Sofia and Varna. The road hasn’t seen proper rehabilitation for the last 15 years and its state in some part is just tragic.
Veliko Tarnovo hopes to receive euro funding of 4 million levs for the realization of the aerial lift project that is to connect Veliko Tarnovo and Arbanasi. The cable car idea has been around for the last 10 years but was never implemented because of lack of money.
An electric bus will start running in Veliko Tarnovo from August. The municipality is working on a project for the purchase of ten electric buses; they will replace the trolleys which were granted to a halt 6 years ago. The main objective behind the plan of the Municipality is for the ecological public transport to be restored. The administration is hoping to secure a funding of 10 million levs for its integrated plan for urban mobility under Regions in Growth 2014 – 2020 Operational Programme. A special charging station will also be supplied; it will take just 7 minutes for the vehicles to recharge their full capacity. Electric busses can travel up to 25 kilometers when fully charged. Veliko Tarnovo Municipality will buy 10 of the vehicles when the European funds are granted. Once they arrive, they will be given for exploitation by the public transport carriers in Veliko Tarnovo. Currently public transport is served by two companies.
Over the next five years Veliko Tarnovo will receive EU funding of 53 million leva, to invest in the development of the city. On Monday, the Mayor of Veliko Tarnovo Daniel Panov, signed an agreement which delegated him the right to assessment and select the projects under the number one priority axis – Sustainable and Integrated Urban Development of the Operational Program Regions in growth 2014 – 2020 Operational Programme. The money for Veliko Tarnovo will come from this Operational Programme – the former capital of Bulgaria is now among the ten largest cities identified as the engine of economic growth in Bulgaria.
Geri Holding, the American company running its business in Italy, has now officially deposited its investment plan for the airport in Gorna Oryahovitsa in the Bulgarian Ministry of Transport; the total cost of the project is more than 100 million euro. The information was published in a local newspaper last week.
The Council of Ministers is expected to vote the conditions of the concession by the end of May and the optimistic outcome of the situation is that by the end of the year Gorna Oryahovitsa Airport will have its concessioner.
It was revealed that, as we already know, the American investor intends to bring back to life the airport and operate passenger and cargo flights. The new info that was disclosed is that he will also set up an aircraft recycling factory where ‘retired’ airplanes will be disassembled and parted out. Reportedly this will be the first of its kind air base in Europe. The local economy will also be boosted and the labour market will be awakened – around 500 new jobs will be available once the airport is a fact.
The road connecting Veliko Tarnovo and Elena is officially open from today. The lot was closed for the last six months following the landslides in December which split it in two. The reconstruction of the road was completed within the set time limit and only the horizontal road markings need to be painted. Due to the recent precipitations it was not done but once the weather allows it the process will be finished.
During the rehabilitation of the road more than 90 reinforced concrete beams were placed along the trace to provide further protection; each of them is 8 m long. Surface and ground waters which were the main reason for triggering the landslides are now drained through newly-built ditches.