It is part of the Pan-European Corridor VIII and is estimated to be 103 km (60 miles) long when finished.
As of 2016, 10 km (6 miles) of the motorway are completed, from the Asparuhov bridge in Varna to the village of Priseltsi.
[1][2][3] The Cherno More motorway is expected to considerably shorten the journey between the two cities, since the traffic is slowed down significantly by the narrow passage of the Balkan Mountains between Nesebar and Obzor, especially during the summer season.
One of the main aims of this state-run company is to assess and update all preliminary design works and feasibility studies.
[4] In November 2013 the government announced talks to complete the remaining sections of the motorway with a loan from the Chinese Exim bank.