SOF Connect pledges to invest US$ 750mn
Munich Airport and the consortium ‘SOF Connect’ – consisting of the French investor Meridiam and the Austrian developer Strabag, have taken over the full responsibilities and business activities related to the operation of Sofia Airport in the Bulgarian capital effective 19 April 2021.
SOF Connect is committed to investing at least Euro 624mn (US$ 750mn) over the life of the concession and build a brand new Terminal 3 for the airport within the first 10 years of the concession.
“Our mission is to transform Sofia Airport into a top modern and competitive European airport and to make Sofia Airport an engine and impetus for social, economic, environmental and inclusive growth for Sofia, its region and Bulgaria,” commented Dr. Ralf Gaffal, Managing Director, Munich Airport International.
“We have a clear vision for the commercial development of Sofia Airport. Our team will be introducing best-in-class shopping and dining concepts and is excited to work with local partners to bring the best of Bulgaria and downtown Sofia to the airport,” affirmed Marcus Spahn, Chief Commercial Officer, SOF Connect, who joined the team on behalf of Munich Airport.