Civil engineering to be a driving force of the Bulgarian construction market by 2017

According to the study, civil engineering will continue to lead the overall construction market in Bulgaria. With access to EU funds and the attractive energy sector being dominant factors in the development of civil engineering projects, the outlook for Bulgaria’s overall construction market is positive. With the significantly increased absorption rates at many of the operational programmes that cover infrastructure projects, higher growth rates of approx. 7-9% should be expected in 2014-2017 period.
Most of the country’s big road infrastructure projects were transferred to the priority list for the period 2014-2020. A total of €5.6bn is to be invested in constructing approx. 800 km of motorways and 900 km of expressways by 2020. Most of the priority motorway projects are part of the European Corridors 4, 7, 8 and 9.

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