Bulgaria's accession to the EU entails compliance with the EU's Environmental Directives which will present a substantial challenge requiring some EUR 7 billion of investment. The lack of a sustainable financing mechanism in the sector has been pinpointed the root of the problems. According to the government's strategy, the major tool for restructuring the sector will be public private partnerships - ranging in their form from service/management contracts to concessions and BOTs.
NECA is well-versed in the operation and structure of the sector as well as closely following its development through its access to municipalities, regulatory authorities and government. Therefore, NECA is in a position to help a potential investor gain a first mover advantage in entering the sector through proactive market research, evaluation and structuring of transactions.