Bulgaria Cancels Plovdiv Airport Concession Tender

Bulgaria Cancels Plovdiv Airport Concession Tender

Bulgaria's government said on Wednesday that it has cancelled the tender for a 35-year concession contract to run Plovdiv Airport, after the first-ranked consortium comprising China's HNA Group and Dutch-registered Plovdiv Airport Invest withdrew its offer. There is significant difference between the offers of the participants ranked first and second, and it was at the discretion of the transport ministry to decide whether to cancel the procedure or to award the contract to the second-placed consortium, the government said in a statement following its weekly meeting. It is also not viable to award such a long-term contract after holding the procedure under the old concession law, which was recently amended in order to be in line with EU legislation, the government said. The HNA Group - Plovdiv Airport Invest tie-up pledged to invest 79.1 million euro ($91.1 million) in the airport and pay an annual concession fee of 600,000 levs plus 6% of all net income from the operation of Plovdiv Airport.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.