First concession for the building of underground parking in Bulgaria was signed in April, 2007. This is he underground parking in Burgas as the concession contract is concluded for the period of 30 years with Ontime Company. During the period of the concession the Municipality will receive 4.5 million leva and after the concession expiration, will acquire the facility itself. The expected investments for the facility are around 20 million leva.

Description:

• The facility will be situated at the city center and will be complete within one year.
• The parking will be with a surface of 3 ½ da, with several underground floors and 400 places.
• It is envisages the last floor of the parking to be suitable for big vehicles.
• There will be elevators to every floor for comfort of passengers and drivers, as well as disability people.