Govt Taps Port Invest for 35-Yr Concession on Lom Port Terminal

Govt Taps Port Invest for 35-Yr Concession on Lom Port Terminal

The Bulgarian government has picked local company Port Invest to operate under a 35-year concession arrangement the Lom port terminal, on the Danube river.

Port Invest plans to invest 6.38 million levs ($4.35 million/3.26 million euro) in the first four years of the concession arrangement and 22.4 million levs in the remaining period, the government said in a statement, following a regular weekly meeting on Wednesday.

The company will pay an annual concession fee of 187,100 levs.

Port Invest plans the terminal to service an average of 480,000 tonnes of cargo and 1,800 passengers per year.


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.