BDB organizes a mini-conference dedicated to the opportunities for funding from the Three Seas Initiative Investment Fund
The Bulgarian Development Bank will host a mini-conference entitled Equity for Infrastructure dedicated to the opportunities for funding from the Three Seas Initiative Investment Fund (3SIIF). The event will take place on May 18 from 10:00 AM to 1:00 PM and will be streamed online on Facebook and Vimeo.
The conference will present opportunities for equity investments in the region's infrastructure in the transport, energy and digitalization sectors for sustainable economic development, as well as successful 3SIIF-funded projects, including Poland's largest private locomotive leasing company and Greenergy Data Centers in Estonia.
Participants in the event will be Rumen Radev, President of the Republic of Bulgaria, Yasen Georgiev, Executive Officer of the Economic Policy Institute, Petar Ivanov, CEO of the American Chamber of Commerce in Bulgaria, representatives of the Three Seas Initiative Investment Fund and Amber Infrastructure Group, the investment advisor to 3SIIF, as well as one of the key investors in 3SIIF – the Polish National Development Bank Bank Gospodarstwa Krajowego (BGK).
The 3SIIF Investment Fund includes shareholders from countries participating in the Three Seas initiative. Its target is between EUR 3 and 5 billion and is expected to generate investments totaling up to EUR 100 billion. The main objective of the fund is to invest in transport, energy and digital infrastructure on the north-south axis and to offset the differences in the development of the individual regions of the European Union.
The Three Seas Initiative brings together 12 EU Member States. They are Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. It was launched, at Presidential level, in 2015 as a platform for cooperation among the countries in the Baltic, Black and Adriatic Seas regions. One of the main goals of the initiative is to enhance economic convergence between the countries of the region and the Western European countries through the development of transport, digital and energy infrastructure and connectivity. The project relies on an active partnership with the European Commission, Germany and the United States.