Bulgarian government plans to build container terminals in the ports of Burgas and Varna, 500,000 TEU each, expert of state enterprise Port Infrastructure of Bulgaria’s Ministry of Transport Aleksandr Khadzhov said at Black Sea Forum 2008.
State enterprise Port Infrastructure is to be the contractor of this large-scale project. The Japanese government and JBIC bank have decided to participate in financing of the container terminals. The negotiations are to be completed soon and an international agreement is to be signed. It is the second project in Bulgaria to be financed by Japan. Last year, Port Infrastructure successfully implemented an international project on Expansion of the portBurgas. The project included the construction of a dry bulk terminal 2А, new breakwater and 15.5-meter deep approach channel. The terminal 2А is the largest dry bulk terminal in Bulgaria. The port’s new channel is deep enough for 150,000-dwt vessels. of