Bulgaria to seek investor for Sofia airport

Bulgaria to seek investor for Sofia airport

Bulgaria will seek a private investor for the Sofia airport and will launch the procedure for picking a concessionaire in three to four months at the earliest, transport minister Alexander Tsvetkov said in parliament on Wednesday.

The decision follows the need of overhauling the airport and will provide for the construction of a new cargo, general aviation and VIP terminals, as well as for the improvement of the overall airport structure and the construction of new jet fuel storehouses, he added

The prospective investor will be obliged to take up the airport's upgrade and the repayment of loans to the European Investment Bank and the Kuwaiti Fund for Arab Economic Development used for the construction of Terminal 2, which amounted to over BGN 85 million as at end-2010.

The transport ministry is currently looking for investors for the airport in Plovdiv, southern Bulgaria, and for the airport in the Danubian town of Rousse. It will also launch a procedure to award a concession for the airport in Gorna Oryahovitsa.(Source: Dnevnik)

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