Cabinet Terminates Concession of Sofia Railroad Station

Business | February 29, 2012, Wednesday // 11:03|  views

Sofia's Central Railroad Station. Photo by Sofia Photo Agency

The Bulgarian government will terminate attempts to concession Sofia's Central Railroad Station, says Transport Minister, Ivaylo Moskovski.

The reason for the move is upcoming renovations and repairs with the use of EU funds.

EUR 30 M from EU operational programs will be invested by the end of the current program period in the complete and long-overdue renovation of the railroad hub. The deadline is the end of 2014.

The State-owned National Company Railroad Infrastructure informs that the design project is ready. The application form will be submitted by the end of the current year and construction will begin in 2013.

After that, the space in front of the Station's building could be offered for concession.

The concession idea first emerged in 2010, during Moskovski's predecessor, Alexander Tsvetkov, but never materialized due to issues with the ownership of adjacent properties.

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Tags: Cabinet, concession, sofia, railroad station, EU funds, operational programs, renovation, renovations, repairs


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