Greece, Bulgaria to Create Multimodal Corridor Between Ports

July 9, 2017

 Bulgaria and Greece agreed to expand Multimodal Freight Corridor Between Black Sea, Aegen Sea and Dunabe.

Bulgarian Minister of Transport, Information Technology and Communications Ivaylo Moskovski and Greek Minister for Infrastructure, Transport and Networks Christos Spirtzis have agreed to extend the multimodal transport corridor between the two countries connecting the ports of Varna, Burgas, Kavala and Alexandroupoli.
The Greek part accepted Bulgaria’s proposal to include a connection with the port of Ruse in the joint project. This will result in a multimodal corridor servicing road, rail, sea and river transport, as well as a shortcut to the countries along the Danube.
Minister Spirtzis proposed that a rail link with the port of Thessaloniki be included in the corridor to reach larger commercial markets. The two ministers united around the position that it is a project with high added value that will attract investors from the Middle East, China, Russia and other large markets.
Another topic discussed was the alignment of standards for port, rail and multimodal services between the two neighbouring countries, with the idea of all documents being handled on a “one-stop-service” basis for the entire corridor. This will reduce the administrative burden and greatly facilitate business.

Related News

Houthi Leader Vows to Escalate Attacks on Merchant Shipping Greece Aims to Deter Russian Oil Ship-to-Ship Transfers ULA Orders Rocket Transport Ship from Bollinger Conflict Heating Up Over Cosco's Megaport in Peru Cambodia to Cut Shipping Through Vietnam by 70% With New China-funded Canal