450 million euros to build a new giant terminal. Sofia. Photo: Shutterstock Vasil Levski Sofia Airport has secured strategic financing of €450 million from international capital markets, with a repayment period of 22 years, marking a significant step for the future development of Bulgaria’s main air gateway.
The funding will be used to advance the construction of the new Terminal 3, with work expected to begin in the fall of 2026, as well as to upgrade and modernize existing infrastructure at the airport.
The investment plan is designed to provide the airport with the necessary capacity for growth and development over the next 30 years, and further strengthen the airport's position as Bulgaria's strategic gateway to Europe and the world.
“The historic financing secured is a clear example of what can be achieved through a successful public-private partnership,” said Jesus Caballero Pinto, CEO of SOF Connect. “As a long-term partner of the Bulgarian state, Sof Connect is fully committed to developing the airport in the public interest. Through investments with a long-term vision, we are enhancing Bulgaria’s connectivity, expanding economic opportunities, and making a significant contribution to the country’s sustainable development in the decades ahead."
Bulgaria notes that the achievement was made possible thanks to the process of change and renewal led by SOF Connect since the beginning of the franchise, and in cooperation with the Bulgarian Ministry of Transport and Communications.