The project represents an investment in the physical and living environment of Varna. It will contribute to the implementation of the Integrated Plan for Urban Regeneration and Development of Varna, through realization of projects of the Investment Program. Three zones of influence are defined in IPURB, two of them with a concentration of residential neighborhoods, public, educational and cultural institutions and other functions of public importance. The objects of intervention within the project are located in the "Zone with predominantly social nature" and the "Zone with public functions." Both areas are characterized by infrastructure, for the most part highly depreciated, with insufficient functionality, inadequate aesthetics and environmental performance. Thus, the project activities are focused on reconstruction, modernization and aesthetization of urban spaces and creation of accessible environment. Their Implementation will contribute to improvement of quality of life, access to basic services for the population, improvement of the ecological environment and the development of the whole region. The project is oriented towards satisfying the needs of the target groups - the population of the Municipality of Varna and the region, as well as visitors, guests and tourists in the region. The results of the project implementation will provide for an increase in the investment attractiveness and support of a balanced economic developement of the city and the region and will have a beneficial social impact. Planned interventions for the objectives’ achievement include: Reconstruction and rehabilitation: of spaces, street network, public recreation areas, including street furniture and landscaping; energy efficient street lighting; construction of bicycle lanes; accessible architectural environment connected with the above objectives. All planned activities follow a single concept for a safe, sustainable urban area of high environmental and aesthetic quality.
Overview
Status | Closed (completion date) |
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Start date | 10 Jan, 2017 |
End date | 09 Nov, 2020 |
Contract date | 10 Jan, 2017 |
Programme
Beneficiary
Financial information
Total cost | 32,608,085.43 |
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Grant | 23,938,611.03 |
Self finance | 8,669,474.40 |
Total paid | 22,351,681.47 |
EU participation percent | 85.0% |
Location