Bulgaria's Trace builds Dimitrovgrad bypass instead of Alpine

Bulgaria's Trace Group Hold plc will continue to build the bypass around Dimitrovgrad instead of Austria's Alpine that went bankrupt, the Koridori Srbije company told Tanjug news agency today.

An agreement to resume the construction of the Dimitrovgrad bypass was signed June 27th between Koridori Srbije General Manager Dmitar Djurovic and Bojan Stoyanov Deichev, the CEO of that Bulgarian company, Koridori Srbije announced.

All the work is to be completed in 450 days. The agreed value of the project is RSD 2.26 billion.

The process of completing the construction of this highway stretch will be supervised by the representatives of Koridori Srbije and the experts of the World Bank, whose loan is used to finance the continuation of construction of aforementioned Corridor X stretch.