Tue, Feb 09 2010

GREEK COMPANY TO INVEST NEARLY 100 MILLION EURO IN TOURISM COMPLEX NEAR BULGARIA'S SAMOKOV

Fri, Aug 31 2007 11:41 CET 408 Views

Icon Ltd, a daughter company of the Greek GEK Group, plans to invest in the construction of a tourism centre near the Bulgarian mountain resort of Samokov.

The project envisions the construction of a spa hotel, mini golf course, a trade centre and trade street, sports fields, petrol station, swimming pool, tennis courts, apartment houses and carting track, investor.bg reported.

In three years the company will invest 72 million euro. The total investment in the complete project could reach 108 million euro.

The complex will cover an area of 166 000 sq m in the region Pashenitsa that Icon bought from Samokov municipality in July 2007 for 37.5 million leva.

Samokov municipality representatives said that this was the largest deal in its history. The price for the terrain exceeded the initial price reaching 225 leva a sq m during the tender.

The terrain of Pashenitsa is part of the tourism route Samokov-Borovets-Beli Iskur.

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