WATER CONCESSION PROCEDURE LAUNCHED

Business | May 24, 2001, Thursday // 00:00

The procedure for granting a concession for the water supply system of the regions of Varna (Bulgarian Black Sea port) and Shoumen (Northeastern Bulgaria) were launched by Cabinet. The minimum investments requirement for Varna region is $64 M, and for Shoumen some $44 M. Bidders should submit their offers in 90 days after publishing of the tender invitation in the State Gazette. The first stage of the tender will be finalized by the end of October. Seven are the potential bidders for the two concessions.

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