Bulgaria Cabinet Slates Additional BGN 3 M for Business Park Sofia

Business Park Sofia was the first project in Bulgaria to receive a First Class Investment Certificate back in 2005. Photo by Sofia Photo Agency

Bulgaria's Cabinet decided Thursday to set aside another BGN 3 M to support the Business Park Sofia project.

The money will be used to finance the final construction stage of the road, plumbing and water supply infrastructure to be executed by the German Lindner Holding, represented in Bulgaria by Rosen Plevneliev.

The Business Park itself is already completed and the total investment amount is estimated at BGN 162,3 M.

The project was the first one ever to receive a First Class Investment Certificate back in 2005, when the Cabinet decided to give nearly BGN 4 M for the infrastructure.

In 2006 the Business Park was acquired by the US Gremercy for EUR 180 M.

 

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