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.
Veliko Tarnovo Municipality has plans to build a new park with family-friendly activity grounds spanning on 18,000 sqm. The terrain is located in the Kachitsa area and its ownership was transferred to the Municipality just days ago at a meeting of the Council of Ministers. The place is known as the Circus Arena – circuses visiting the town are setting up their tents there. The Mayor of Veliko Tarnovo personally engaged himself with the project and the final decision was also due to his efforts. In his words, speculations that residential buildings or a new retail chain will be constructed there are false and in reality a new park with many options for recreation will be built on the premises. An interesting fact is that the first evidence of life in the region, from around 4000 BC., was found in Kachitsa area.
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 4,000 participants will gather near the Peter and Paul Monastery, close to Veliko Tarnovo, for celebrations dedicated to Bulgarian folklore. The Petropavlovski convention is probably the largest folklore event in northern Bulgaria with representatives from all ethnographic regions in Bulgaria attending it. The gathering will be held this Saturday and Sunday (27 and 28 June) on the eve of the widely celebrated in Bulgaria Petrovden.
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.