Sun, Jul 05 2009
A construction ban will be imposed in the coastal town of Sozopol and will be valid from May 15 to September 30.
The ban was enforced in connection to summer season 2007 and tourist visits to the coastal area.
Investors have to stop work on all projects in Sozopol and the nearby resorts.
Construction companies also have to clean the sidewalks and the surrounding areas from building materials and renew any green areas that might have been damaged.
Checkpoints will prevent heavy machinery from entering the resorts during the summer season.
The project will be financed by the Bulgarian Bank for Development, and the Joint European Support for Sustainable Investment in City Areas, or Jessica Programme, although the report has so far failed to reveal the total cost of the vast enterprise.
The strategic plan envisages the conservation of the nature "for decades ahead", and it was formulated by a municipal team headed by professor Ivan Nikiforov, backed by Prime Minister Sergei Stanishev.
Once the overhaul and reconstruction of the Sofia–Vidin line is complete, it will cut travel time to three hours, as the train will be able to reach speeds of up to 160 km/h, shortening the journey to three hours.
Marriott however has made it clear that is not interested in investing in construction, but rather to occupy and manage existing buildings. Its strategy is to obtain management contracts.
Investors realise that it’s not viable to have a building remaining empty over the course of a year – so it's better for them to employ more flexibility to offset that loss.