MAJORITY OF RESORT INFRASTRUCTURE IN BULGARIA READY

Sofia Echo, 06.01.2005

The investment in infrastructure for Bulgaria’s leading winter resorts Borovets, Bansko and Pamporovo in the past couple of years has produced most of the hotels and ski equipment required. This season, significantly less investment in the sphere was needed. The bulk of investors are currently targeting the further development of already existing infrastructure.
At the same time, winter resorts remain the subject of significant investor interest on behalf of construction companies. Hundreds of permits for the creation of hotels and vacation villages have already been given. Fast construction, however, will make fast infrastructure creation more urgent. Even now concessionaires and investors will be forced to provide new ski tracks and lifts to accommodate the needs of the expected higher number of tourists, Dnevnik newspaper reported.
Data shows in previous years most investors worked on Borovets and Bansko. This season Pamporovo will attract the most investment. The resort will start the season with an additional five km ski track. The concessionaire there used most funds to repair damages from the floods this summer.

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