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Bulgaria Offers Another Underdeveloped Airport on Concession
BULGARIA OFFERS ANOTHER UNDERDEVELOPED AIRPORT ON CONCESSION
Date: 23/03/2011
Source: novinite.com
Bulgaria Offers Another Underdeveloped Airport on Concession

The Bulgarian Cabinet has approved a procedure for offering on concession the currently inactive passenger airport of Gorna Oryahovitsa located in the very center of Northern Bulgaria.

The goal of the government is to find a concessionaire that would help attract passenger and freight traffic and will invest in the infrastructure and modernization of the airport.

The development of the Gorna Oryahovitsa Airport is one of the goals of the Transport Ministry, and is included in the Strategy for the Development of Bulgaria's Transport Infrastructure until 2015.

The proposed term of the concession is 35 years and the concessionaires will be determined through an open procedure.

The Gorna Oryahovitsa Airport is located right near Gorna Oryahovitsa, a town of 30 000, and Veliko Tarnovo, a district city of 70 000, and a bustling tourism center. It is also close to the cities of Pleven, Ruse, Gabrovo, and Lovech. It is located (air distance) 200 km away from Sofia, 180 km from Varna, and 145 km away from Bucharest.

Since 2008-2009, the Gorna Oryahovitsa Airport has not served regular passenger flights but only freight flights and occasional charter flights. It had only 941 passengers in 2007.

The airport was set up in 1925 for the use of the Bulgarian Air Force. In 1948, it opened a direct passenger line to Sofia, the third one in the country. The current infrastructure of the airport was constructed in the 1970s and the 1980s, and completed in the mid 1990s.

In 1995, it became the fifth international airport in Bulgaria, after Sofia, Plovdiv, Varna, and Burgas, with customs and border police units. The economic hardship in Bulgaria in the following years, however, have affected its functioning.

In a similar effort to develop Bulgaria's airports, in February 2011, the Cabinet started procedures for finding private operators of the cargo terminal of the southern Plovdiv Airport, and of the civilian airport Shtraklevo near the Danube city of Ruse.


Topic: Investments



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