Greece-Bulgaria Freight Corridor Will Allow EUR 650 Million worth of Cargo to be Transported by Rail annually

The project, which has been discussed for months, is now taking steady steps towards implementation. The Sea2Sea project will invest in a rail line linking northern Greece and Bulgaria to the Romanian border and will move significant volumes of maritime cargo from the Bosphorus to the railroad. Railway Supply magazine writes about this with reference to RailFreight.

The Sea2Sea project aims to develop a railway corridor connecting the Greek ports of Thessaloniki, Kavala and Alexandroupoli with the Bulgarian Black Sea ports of Varna and Burgas, as well as to the port of Rousse, located on the Danube and the Bulgarian-Romanian border.

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Greece and Bulgaria intend to set up a joint company to manage the project. At the same time, both parties will try to include it in the Connecting Europe Facility (CEF II) financial program.

As for Greece, the country is investing about four billion euros in railway projects on its territory. The investment will focus on the rail link between Thessaloniki and Toxotis, passing through the port of Kavala and the Alexandroupolis-Ormenio line, which extends to the Greek-Bulgarian border. Contracts for the construction of the project will be signed in 2023, and the work should be completed by 2027-2028.

According to ERGOSE research, the geostrategic and logistical value of the Sea2Sea megaproject cannot be unnoticable. By the time the project is implemented, it can attract a significant percentage of containerized cargo, traditionally transiting through the Bosphorus.

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