New container terminal in Varna to cost about EUR 100mn

The construction of new port terminal processing containers in the Black Sea city of Varna will cost about EUR 100mn, the executive director of Varna port announced in an interview for Dnevnik Daily . The procedure for place location was completed but the next step for launching construction works is pending environment assessments. This will be the first container terminal in the country. The project will be financed by the Japanese Bank for Investment Co-operation (JBIC).