Logistics Park Varna got a first class investor certificate on April 25.

The centre is being set up in the industrial zone of the coastal city of Varna. Upon completion it will have built up area of over 80 000 sq m. The centre will have storage areas, office space and retail centres meeting international requirements.

FairPlay International and Bulgarian Property Developments feature among the project investors.
 
Construction works started a month ago, mediapool.bg reported. The project will be carried out in three phases.

According to plans, the first phase should end by March 2008.

First class investor certificates guarantee companies state aid for infrastructure developments related to the project.