Perelik - Sports and Tourism Center" received a First Class Investment Certificate

www.investbg.government.bg, 2006-05-19

     Invest Bulgaria Agency (IBA) issued a First Class Investment Certificate to “Perelik – Sports and Tourism Center” EAD, Smolyan.
     The document has been officially awarded by Mr. Stoyan Stalev, Executive Director of InvestBulgaria Agency to Mr. Kiril Assenov, Chairman of the Board of Directors of “Perelik – Sports and Tourism Center” EAD, Smolyan.
     The investment plan of the company provides the construction of equipments for winter and summer tourism. The infrastructure in the whole Smolyan region will be improved. The resort will include ski facilities, equipments for artificial snow, 24 ski lifts, parking places, as well as many hotels. The complex will offer winter ski tourism, summer mountain tourism ( tracking, mountain biking, tennis courts, swimming pools ). It is also planned building of a golf course. The whole distance of the ski run will be over 55 km. The company will plant 35 - 40% more trees than it will be cut down.
     The investment plan of “Perelik – Sports and Tourism Center” EAD, Smolyan will be financed by Bulgarian and international institutions and it provides total investments over EUR 255 mln..The investments for the first 3 years will be over EUR 94 mln..The construction work will start during the fall of 2006.
     400 permanent employees are expected to be working for the company at the end of the first 3 year period and about 3300 will be the total number of created jobs with the completion of the project.

Latest news about Bulgarian property market

Property Articles - RSS Feed

     The "Property articles" RSS is the section for Bulgarian real estate news. Specialists of Bulgarian Property Ltd. work up the information in Bulgarian newspapers, other edition, and Internet and arrange all articles that touch the area of real estate and themes close to it. We can without extrapolation say that we supply our customers and visitors of our web site with latest and most actual press info.