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Commission approves EUR 274 million co-investment for the Struma motorway in Bulgaria

(26 February 2013)

Commission approves EUR 274 million co-investment for the Struma motorway in Bulgaria

The European Commission has approved a contribution of EUR 274 million from the EU Cohesion Fund to the Struma Motorway, a major infrastructure project in the Yugozapaden region of South West Bulgaria. Besides providing a faster and safer trans-European connection for EU motorists and carriers, over 600 000 local residents are expected to benefit from shorter travel times, better environmental conditions and connectivity, increasing the attractiveness of their region to business and investment.

Commenting on the decision, Commissioner for Regional Policy, Johannes Hahn said “This project improves the region’s competitiveness and attractiveness to investors. As well as creating the right conditions for growth and job creation, it also means safer and more sustainable infrastructure for the citizens of Bulgaria and the entire Internal Market.”

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