The Minister of Transport, Information Technology and Communications Hristo Alexiev, received officially an investment intention from the biggest manufacturer of rail rolling stock in the world. Representatives of China Railway Rolling Stock Corporation (CRRC), which is one of the biggest world industrial concerns, presented the intention.
The investment intention contains solutions for common strategic cooperation, which include provision of a package of high technology, financing, investments, training and services.
The investment proposal includes three main points:
Refinancing of the old debts of “Holding BDZ” EAD amounting to 130 mln. EUR and financing of delivery of new electrical and diesel multiple units amounting to 170 mln. EUR.
Delivery of new rolling stock in conformity with the European standards and Bulgarian requirements for certification. The rolling stock will be promptly delivered as per the urgent necessities of BDZ and high proportion price -manufacturing.
Investment in new factory for assembling of electrical and diesel multiple units in Bulgaria.
The next step in the bilateral relations is the establishment of a Task Force with the participation of representatives of MTITC, BDZ, and Chinese financial institutions.
One of the main priorities of the Ministry of Transport, Information Technology and Communications is the improvement of the service that the national railway undertaking provides.
