The Bulgarian Council of Ministers has decided to postpone the signing of the concession contract regarding the Plovdiv Airport (PDV) for one month, which was left to a consortium between Hainan Group and Plovdiv Airport Invest, based in the Netherlands.
The contract was expected to be signed before June 15, but as a request of the Chinese investors that make up the Hainan Group, the signature will take place in mid-July.
In order to provide all the necessary documents, investors requested more time. Doubts concerning who is behind the Duth company, considering Hainan only owns 20% of participation in the consortium, also emerged.
The concession at issue is valid for a 35-year period, during which the concessionaire undertakes to make investments of some €70,083 million (US$81,91 million), for the repair, maintenance and revamping of existing infrastructure, as well as the construction of new facilities.
Country updates
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July 05, 2018
The Ministry of Transport, Information Technology and Communications has issued a contract notice for the concession
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July 02, 2018
Bulgaria approves decision to open tender of the concession of Sofia Airport
Bulgaria's government has given green light to the decision of the Ministry of Transport, Information Technology and Communications to open the tender to operate Sofia Airport.
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April 02, 2018
Bulgaria to award Plovdiv Airport concession to China’s HNA Group
Bulgaria's government has selected a consortium between the China-based investor HNA Group and Plovdiv Airport Invest for the 35-year concession contract for Plovdiv Airport.
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January 11, 2018
The Minister of Transport of Bulgaria has announced that the tender process for the project will likely be re-launched in February 2018
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August 08, 2017
Bulgaria is seeking advisers to prepare a new tender
