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03Sep92 BULGARIA: KENNEDY HENDERSON APPOINTED TO STUDY TOLL ROAD PLAN.

Kennedy Henderson has been appointed through the European Bank for Reconstruction and Development (EBRD) for a feasibility study into plans by the Bulgarian authorities to develop a US$500 million (£265 million) toll highway network.The firm beat five other outfits, including Sir Owen Williams and Partners/D G Jones, to take the eight-month investigation. A draft final report will take a further two months to prepare.It will focus on proposals to build the 150 km Bulgarian section of the TransEuropean Motorway.The scheme was to have been built by an Italian joint venture after tenders were invited from three groups. Sir Owen Williams/ D G Jones was appointed by the Bulgarian government to assess and advise on the contract.But instead the EBRD, alarmed at the colossal cost of the job, stepped in and halted the project until a proper feasibility study had been done.Ray Knighton, who is in charge of the scheme, said: 'The study will include a proper environmental audit and an assessment of the scheme's financial viability. At this stage construction of the scheme is simply not justified in economic terms, but nevertheless certain sections within the overall scheme should go ahead.'