Luxembourg-based firm 3EParking has expressed interest in building a EUR 20 million parking lot in the southern city of Plovdiv, ADP News reported. The project envisages both covered and open-air parking bays and can be a big step towards solving the parking problem in Bulgaria’s second largest city.

Company managers will arrive in the city in May to view five suitable land plots identified by the municipality earlier this month. The project will be implemented on a public-private partnership or by own funds.