Southern Arc of Metropolitan Ring Road: budget Clarification
Table of Contents
Recent discussions surrounding the completion of the Southern Arc of the Metropolitan ring Road have been marked by conflicting figures. Minister of Regional Progress and Public Works, Ivan Ivanov, addressed the National Assembly to clarify the budget allocation for the project, countering claims of a 1 billion euro expenditure.
2026 Budget Allocation: 17 Million Euros for Design
Minister Ivanov stated that the 2026 budget allocates only 17 million euros specifically for the design phase of the Southern Arc completion. He firmly refuted claims of a 1 billion euro budget, labeling such assertions as “manipulation, lies and demagoguery.”
Projected Costs: 2027-2028 Estimates
The 1 billion euro figure, according to the Minister, represents a projected cost estimate for the period 2027-2028, contingent upon parliamentary approval. This estimate is based on the complexity of the project and is subject to change following detailed project preparation and a public procurement process.
Collaboration with the Metropolitan Municipality
The Road Infrastructure Agency (API) is currently collaborating with the metropolitan Municipality on a conceptual project for the route.This partnership, formalized through an agreement signed last month, aims to ensure a coordinated approach to the construction of the 8-kilometer section.
Determining the Final Cost
The ultimate cost of the project,acknowledged as the most challenging infrastructure undertaking in the country,will only be determined after the project is fully designed and a contractor is selected through a competitive public procurement process based on the most economically beneficial offer. Minister Ivanov urged against misleading the public with premature cost estimates.
Minister’s Appeal for Accurate Reporting
“Therefore, I call on Mr. Vassilev not to manipulate the citizens, as we are talking about an estimated value,” the regional minister emphasized. He reiterated the importance of presenting accurate information to the public regarding the project’s financial aspects.
Key Takeaways
- The 2026 budget allocates 17 million euros for the design of the Southern Arc completion.
- The 1 billion euro figure is a projected cost estimate for 2027-2028,pending parliamentary approval.
- API and the Metropolitan Municipality are collaborating on the project’s conceptual design.
- The final cost will be determined through a public procurement process.
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