Bulgaria cancels the concession tender for Plovdiv Airport due to lack of interest

The Bulgarian cabinet announced on June 16 that it had decided to cancel the concession tender for Plovdiv Airport opened in February 2020 under the previous government of Prime Minister Boiko Borissov.

The executive government’s statement stated that the tender would be canceled as no bids had been submitted before the February 23 deadline. (This deadline was extended by the Borisov government until March 24.)

The statement said that an “independent analysis” of the “suitability and possibility of opening a new concession tender taking into account the recovery trends of the Covid-19 pandemic in the aviation industry” will be carried out.

Bulgaria‘s previous government offered the 35-year concession for Plovdiv Airport for an annual fee of at least 100,000 leva (or around 51,100 euros) and a commitment to invest at least 100 million leva in the repair and modernization of the existing airport infrastructure.

The bids were originally due in April 2020, but this deadline has been postponed again and again.

This was the second attempt to find a concessionaire for the airport in Bulgaria’s second largest city. The previous tender was scrapped In October 2018, a consortium that included a subsidiary of the Chinese conglomerate HNA Group, which was then starting an asset sale program to reduce debt, stated in October 2018 after the selected bidder was unable to sign the concession agreement.

(Photo from Plovdiv Airport: podtepeto.com)

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