PROJECT «EUROPEAN EXPO CENTER VARNA – FERRYBOAT COMPLEX & LOGISTIC HUB» FOR IMPORT AND EXPORT

Project Mission:  The project for the construction of European Expo Center Varna (New Logistic and Reexportation Hub to CEE) for export and import to the vicinity of Ferryboat Complex Varna, is officially supported by the District Administration of Varna, Dobrich, Shumen and Razgrad as a strategic project for the Black Sea Economic Zone (BSEZ), Northeast and North Central regions of Bulgaria.

  The complex will be with modern architecture, which will perfectly combine hi-tech, intelligent management and ecological concern for nature. A large number of new and high-tech technologies on an international level will be applied in its construction for the first time. The intelligent, ventilation and communication systems will be on the most advanced level in the world. The large design height of the halls, the floor load capacity and the power supply will allow it to carry out specialized exhibitions such as large-scale expositions, exhibitions of construction equipment and yachts that have special requirements for exhibition pavilions.

Each exhibition hall has an area of approximately 10,000 square meters and a rationally designed look. 13 showrooms on the first and second floor will have a wide entrance. Many exhibitions and exhibits can be held simultaneously without interfering with each other. The large exhibition halls provide the opportunity to use efficiently the space and achieve good visual effects through special decoration.

Around the exhibition complex there will be a number of support facilities, including conventions / hot / links to exhibitions, hotels, office buildings, banks, trade services and museums. They will be constructed in a way to meet the needs of businessmen in their business trips and visits to the exo complex.

 

☑️ „European Expo Center – Ferryboat complex“ is a project with ROI (Return of Investment) above 15% for a multifunctional and international exhibition center of high standard in Varna region without an analogue in Europe.
☑️ Complete project with municipal, regional and regional significance – fully covering the requirements of the 2014-2020 IAR for “Creation of a cluster of ports in Varna, Varna and Beloslav Lakes and its establishment as a logistic and distribution center with ports in Rousse and Silistra for connection between the Pan-European Transport Corridors VII, VIII, IX and TRACECA.”
☑️ EXPECTED BENEFITS AND ADDITIONAL REVENUES IN THE STATE BUDGET BY THE YEAR 2025 GDP of EUR 3.5 billion (+ 9%), Total Gross: EUR 3.9 billion (only from the Expo Center realization, EUR 700 million investment – I Stage according to made analyses)
☑️ In 2012, in Romania, a project of this rank will receive a strategic project status for Romania, in 2013 Due Diligence will be prepared and in the end of 2013 it will receive targeted funding from Europe for design documentation. By 2015, the project was realized at 60%. It is planned 100% to be built by PPP until the end of 2019.
 ☑️ DELAYING THE PROJECT COMPARED TO A SIMILAR PROJECT IN ROMANIA: 5 / five / years
 ☑️ LOSS OF INCOME FOR THE COUNTRY: € 460,000 / day
 ☑️ LOSS OF INCOME FOR THE BULGARIAN BUSINESS: €1.430.000 /day
 ☑️ NEW JOBS: 50.000

 

  • DATE: 14TH JULY, 2017.
  • CUSTOMER: DISTRICT ADMINISTRATION OF VARNA, THE MINISTRY OF TRANSPORT AND THE MINISTRY OF REGIONAL DEVELOPMENT AND PUBLIC WORKS
  • PERIOD OF REALIZATION OF THE PROJECTUP TO 7 YEARS
  • PROJECT AMOUNT OF INVESTMENT FOR THE REALIZATION OF THE PROJECT IN FULL VOLUME0.7 BILLION EURO FOR STAGE I
  • INITIAL ECONOMIC REASON FOR INVESTMENT RETURN: ROI ABOVE 15%
  • OFFICIALLY DECLARED SUPPORT FOR THE PROJECT: DISTRICT ADMINISTRATION OF VARNA, DOBRICH, SHUMEN AND RAZGRAD
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