newstodate.aero
Jun 02, 2016 (newstodate): Chinese investors are casting their eyes on taking over a privately-owned Bulgarian airport for a major development project.
One private and one state-owned Chinese company intends to acquire the airport, yet unnamed, some 60 km southwest of the country's capital Sofia.
Plans are to invest some 100 million euro in transforming the airport into an international cargo hub, serving the e-trade logistics from China to southeastern and central Europe.
The grand plan also comprises the construction of a passenger terminal as well as a cargo zone with new rail links.
The project would fall within the strategic vision of seamless multi-modal logistics between China and Europe, "one Belt, one Road", formulated by members of the "16+1" format encompassing China and 16 Central and Eastern European states: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia, and Slovenia.
One private and one state-owned Chinese company intends to acquire the airport, yet unnamed, some 60 km southwest of the country's capital Sofia.
Plans are to invest some 100 million euro in transforming the airport into an international cargo hub, serving the e-trade logistics from China to southeastern and central Europe.
The grand plan also comprises the construction of a passenger terminal as well as a cargo zone with new rail links.
The project would fall within the strategic vision of seamless multi-modal logistics between China and Europe, "one Belt, one Road", formulated by members of the "16+1" format encompassing China and 16 Central and Eastern European states: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia, and Slovenia.