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IFC Supports the Improvement of Critical Transport Infrastructure in Bulgaria to Drive Sustainable Growth ​​ Sofia, Bulgaria, April 20, 2021-A private sector-led investment and upgrades to Sofia Airport will help drive economic growth in Bulgaria by enabling increased international trade and tourism, creating jobs and adding value along one of the critical transport infrastructures in the country s supply chain. IFC, a member of the World Bank Group, is providing €30 million to SOF Connect AD, the Sofia Airport concessionaire, to support its operations and infrastructure upgrades. This is the first major airport-sector transaction to close in the Europe and Central Asia region since the onset of the COVID-19 pandemic. As part of the total financing package of €240 million, IFC s funding will be used to modernize and upgrade the airport, including refurbishment and optimization of existing terminal facilities and aircraft gates to boost efficiency, provide quality passenger

Black seaOceans generalSofiya gradWiebke schloemerWorld bank groupInformation technologyEuropean bankWorld bankDevelopment bankSofia airportCentral asiaEurope infrastructureBlack sea tradeWorld bank group isIfc international finance corporation via public supports the improvement of critical transport infrastructure in bulgaria to drive sustainable growthகருப்பு கடல்