25.04.2025 Tsanko Arabadzhiev: The successful investment of the Three Seas Fund in the BMF Port Burgas opens opportunities for more large-scale projects

With an official ceremony was opened the new deep-sea shipping berth at the terminal "West" in the port BMF Port Burgas. The event marked the successful completion of the REBIRTH28 project - the largest investment in port infrastructure construction in Bulgaria in the last 20 years.

Prime Minister Rosen Zhelyazkov emphasized on the importance of the project for the country's economic and logistical development.

According to Tsanko Arabadzhiev, Executive Director of BDB and member of the Supervisory Board of the Three Seas Investment Fund, the good result of this type of investment positions Bulgaria on the map and opens opportunities for other large-scale projects.

BDB is a shareholder in the foreign investor, which acquired 49% of BMF Port Burgas in 2021 in one of its largest transactions to date.

"The Three Seas Fund is independently managed, entirely on a market basis, and the fact that the Port of Burgas has been able to attract and build on such an investment many times over makes me hopeful for future projects. This was a huge responsibility both to the specific investment and to Bulgaria", Arabadzhiev emphasized.

He shared his satisfaction that the port is often given as an example for one of the most successful investments of the fund.

The Three Seas Initiative connects the countries between the Baltic, Black and Adriatic Seas. The Investment Fund is the economic dimension of the initiative and the financial mechanism for the implementation of projects in the region. Its co-founders are the incentive banks of the participating countries. Its main objective is to invest in transport, energy and digital infrastructure along the North-South axis and to compensate for the differences in the development of the different EU regions.