House In A Cosy Village - ID 1835

A 25million Euro Holiday Complex Near Banya 15/03/2008
The British construction company RilaDev and the Bulgarian Tempo will develop a 25 million euro resort compound on a 16 000 sq m plot near the village of Banya. The future Pirinea Complex will have a gross actual area of 44 000 sq m and will embrace a five-building residential section, housing 147 apartments, a four-star hotel with underground parking, conference and business centre, ski, golf and tennis courts, a spa complex and refreshment facilities as well as bowling and other entertainment areas. Expected annual return on apartments is seven to eight per cent. Construction will be carried out by Tempo Stroi Engineering. Completion is due by the summer of 2009. more

Cabinet Plans Amendments To Concession, State Properties Laws 14/03/2008
The cabinet will propose amendments to the legislation regulating concession contracts, state properties and coastline control in order to promote public-private partnership, Prime Minister Sergei Stanishev said at a news conference after a meeting of the Council for Coordination, Control and Implementation of Infrastructure Projects of National Importance. The news conference was attended by Finance Minister Plamen Oresharski, Economy and Energy Minister Peter Dimitrov, Transport Minister Peter Moutafchiev, Regional Development and Public Works Minister Assen Gagaouzov, and Environment and Water Minister Djevdet Chakurov. The planned changes will allow longer concession periods, which are currently limited to 35 years, and rents of state-owned land. "A total of 3.43 billion euro has... more