Bulgaria Invites Bids for Burgas-West Port Terminal Concession

Bulgaria Invites Bids for Burgas-West Port Terminal Concession

Bulgaria has invited bids to award a 35-year concession on the Burgas-west port terminal, on the Black Sea coast.

Bids can be placed until January 28 and are planned to be opened on February 4, according to a tender notice published on the ministry's website.

Bidders are required to have had combined total revenues for the last three years of at least 750 million levs ($500.9 million/383.5 million euro) and the assets in their balance sheets must be no less than that amount.

Bulgaria's government said last month that it plans to award the concession in a bid to boost passenger and cargo flows and improve the quality of quayside services.

The concession will come with an obligation for total investment of at least 20.05 million levs, including 9.55 million levs that will have to be invested in the first seven years of the concession arrangement.

The port is located in the city of Burgas on the southern Black Sea coast. It covers a total area of 641,499 square meters.

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.