New modern marina worth 24M leva to be constructed in Pomorie
The Black Sea town of Pomorie has approved a proposal for the construction of a spacious and modern marina, with a capacity of over 600 yachts and small passenger ships.
Fri, Nov 20 2009
The Black Sea town of Pomorie has approved a proposal for the construction of a spacious and modern marina, with a capacity of over 600 yachts and small passenger ships.
Over the course of a year, from one of the leaders in Europe in new construction, Bulgaria became one of the countries currently quagmired at the bottom of the table and was now amongst the three worst hit countries, along with Romania and Slovenia.
The park is posed to act as an economic stimulant in the region, creating a modern infrastructural base for companies. It is set for completion by Q3 of 2010.
Both retailers target at least 50 outlets in Bulgaria by the end of 2010.
As one of the sectors of Bulgarian economy most severely affected by the global economic downturn, construction, shrank by as much as 19.7 per cent in September 2009 alone.
Office rent transactions peaked at 65 000 sq m between July and September 2008, but collapsed to 10 700 sq m in Q3 2009, Forton manager Sergei Koinov said.
The city hall demolishes three buildings for not meeting legal requirements amid protests from the beach concessionaire
French retail chain Carrefour has confirmed that it will open a store in Mall Pleven
Eastern Europe's declining competitiveness accounts for a geographic relocation in outsourcing of office space. Nevertheless, Bulgaria is holding its own.
Warehouses and logistics centres still offer potential opportunities in the midst of an economic downturn for investors and developers.
The deadline for submission of bids is 11 Jan.
They amount to BGN 375m.
Only two EU funded projects have been fully paid.
The indicative budget is BGNG 366.45m, bids can be submitted by 11 Jan.
New construction next to the airport focuses on warehouses.