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Article: Bulgaria : Shipbuilders still waiting for BGN 50m from state.
- Article from:
- TendersInfo
- Article date:
- October 30, 2009
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Byline: sanjayV03
The amount is to be used for the setting up of a national guarantee fund financing the construction and repair of ships
The government has not yet disbursed the BGN 50 million approved by the previous administration for construction of new ships at Bulgaria's shipyards, the Bulgarian Shipowners Association said.
In late June ex prime minister Sergey Stanishev said the cabinet would support shipbuilding with a BGN 50 million loan from Bulgarian Development Bank. The amount had to be used for the setting up of a national guarantee ...