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The concession tender for Sofia Airport officially opens

The terms of the new concession of Sofia Airport were slightly changed in comparison to the former procedure. Despite what was previously indicated, the state would request a BGN 550m upfront payment from the concessionaire + at least 10% of annual revenue (min BGN 15m). Additionally, the winner in the tender would have to invest EUR 600m during the 35 year term of the concession. Candidates must have net asset value of at least EUR 200m for the past 3 years and an experience in infrastructure investments of EUR 400m in size.

Source: nkr.government.bg; FFBH

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