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Another Rowing Canal and a New Zoo
The Southern Bulgarian Plovdiv municipality plans to build a second rowing canal and a new zoo with funding from JESSICA, a joint EU initiative for financing sustainable urban development.
The JESSICA initiative is operated by the European Commission in cooperation with the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB).
Funding under the JESSICA instrument is allocated via competitive tenders and will be distributed among the six biggest Bulgarian cities – Burgas, Varna, Ruse, Pleven, Plovdiv and Stara Zagora.
Bulgaria has been allocated a total of BGN 110 M until 2015 under JESSICA.
Nearly BGN 37 M is provided under the Regional Development Operational Program and the remaining BGN 74 M by SG Expressbank.
The original Article.