Sun, Jul 05 2009
Representatives of the Environment Directorate- General of the European Commission will come to Bulgaria in connection to the introduction of the Natura 2000 environment preservation network.
Projects to be carried out in the potentially included areas will undergo environmental evaluation first, Environment and Water Affairs Ministry said.
EC representatives said that Natura 2000 does not aim to ban investment plans in the protected regions. Projects, however, have to receive environmental assessment.
Representatives of the Environment and Water Affairs Ministry, the EC and NGOs already visited national park Pirin. There, they discussed management of protected areas and the establishment of an ecological network in Bulgaria.
Earlier this month ecologists said that Bulgaria could face sanctions if it continued delaying the decision on Natura 2000 introduction. The EC could impose fines and limit the country's access to union funds, investor.bg reported.
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.