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Publish Date : 24-Jan-2013

Port Invest EOOD, a company 100% owned by Bulgarian River Shipping AD, part of Bulgarian industrial group Chimimport, declared that it has been awarded a concession contract for Port Terminal Lom from the Bulgarian government after an open tender.

As per the contract, Port Invest suggests to make an investment of BGN 22 439 000 in the port terminal for the 35-year concession period, with BGN 6 377 000 of the total to be invested in the first four years of the contract.

The fixed part of the annual concession payment amounts to BGN 187 100.

The program of the concessionaire expects the processing of 480 000 tonnes of cargo per year on average and the servicing of 1800 passengers a year.

Port Invest EOOD plans to convert Port Terminal Lom in a modern highly competitive international river port to meets all international legal and technical requirements.

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