Borosport, the company responsible for the facilities and infrastructure of Borovets winter resorts, plans to invest in the resort.

Nearly 70 million leva, or 35.7 million euro will be used to build new ski runs, reconstruct existing skiing zones and lifts and other infrastructure.

Funds will be provided for developments over the coming three years. Borosport will get a first class investor certificate for its project on July 5.

According to Bulgarian news agency BTA, the company plans to focus on improving access to tourism sites at altitudes between 1,600 and 2,500 metres.