Ivailo Moskovski: Bulgaria will collect most fees at Danube Bridge 2
28.02.2013
The incomes from Danube Bridge 2 will be distributed according to the investments made and the greater part of those will be collected by Bulgaria. That became clear after the meeting of resigned Minister of Transport, Information Technology and Communications Ivailo Moskovski and the Romanian State Secretary of the Ministry of Transport Septimiu Buzasu. The total amount of the investments will be clear after finish of the project.
"It’s our responsibility to finish this important project and to ensure commissioning of the bridge this year to protect Bulgarian interests" said Ivailo Moskovski. The first meeting of the joint Bulgarian-Romanian company will be held on March 12, than will be decided the date when the bridge will be put into operation.
The road toll collection point on the bridge will be on Romanian territory . The exact amount of the fees will be defined after further consultation".As regards traffic flows from Bulgaria to Romania, the VAT on toll fees will go into the Bulgarian budget" Moskovski informed.
The two parties agreed the operator to be established as a stock company, seated in the town of Vidin. Upon creation of the company each of the two countries will acquire shares constituting 50 percent of total shares. The joint stock company is a two-tier management system with four-member supervisory board and three-member management board and in the supervisory board both sides are represented by the same number of members. The members of the Supervisory and Management Board should have appropriate qualifications and experience requirements that are defined in statutes. Chairman of the Supervisory Board shall be elected on the principle of rotation between the two countries. To ensure the control and accountability of the joint-stock company will be appointed also an internal auditor.
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