Balgarianovinite.com The Bulgarian News Agency project The World of News – Sofia received European funding under the Operational Programme Regions in Growth under the procedure Support for Integrated Urban Development in the 10 Urban Municipalities – Main Centres of Growth, as provided for in a contract signed by Deputy Regional Development Minister Yura Vitanova and BTA Director General Kiril Valchev. Vitanova and Valchev exchanged copies of the contract here on Tuesday.
The total value of the project is BGN 7,187,044.41, of which the grant under the Operational Programme Regions in Growth 2021-2027 is BGN 6,357,599.99, and BTA’s own funding is BGN 829,444.42.
Valchev said: “After many years of effort, BTA is beginning the implementation of a large-scale project to renovate its building and the surrounding area. We have named this project The World of News.” Regarding the project’s own financing, the Director General expressed hope that it would come from the future state budget. He noted that both previous projects enjoyed full understanding from the Ministry of Finance and the parliamentary Committee on Culture and Media, since that allowed for a significant share of the European funds to be used.
Vitanova expressed hope that construction activities will begin soon following the completion of the public procurement procedure and the selection of a contractor. She added that the project is intended for all citizens, including residents of Sofia, who will be able to enjoy the renovated BTA building.
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