The governments of Bulgaria and Romania have signed a memorandum of understanding (MoU) to develop two new bridges over the River Danube through public - private partnership (PPP) model.

The governments recently announced that they will sign a MoU to implement feasibility studies for the two new bridges.

The two bridges will be developed between Turnu Magurele and Nikopol, and between Calarasi and Silistra. The two governments will establish a joint working team that will set up the technical details of the projects and the funding sources for the investment.

According to sources, by next week, the authorities of the two countries expect to have a clear plan on when work would start. These preparatory works will be financed by the Bulgaria-Romania Cross Border Cooperation Programme 2014-2020.

Two other bridges across the Danube River currently connect Romania and Bulgaria, one between Giurgiu and Ruse and one between Calafat and Vidin.