SKIING NEWS ITEM

Ski Projects in Rila Mountain

WEDNESDAY, 29 AUGUST 2007

There will be two new ski center projects to be launched soon on Rila Mountain in Bulgaria. The main investor in the new resort Panichishte-Ezerata-Kaboul is Rila Sport, Capital weekly reported. Investment company Fairplay also announced its intentions to invest 50 million euro in the same project. A Russian company intends to build 30 houses in the same region.

According to Slaveiko Staikov, sport managing director of Rila, the project envisions the construction of lifts and ski runs. All hotel bases will be located outside the boundaries of Rila national park.

The general zoning plan approval for the resort was delayed more than a year because the investor and Rila national park management could not agree whether new ski sites can be constructed on the territory of the park. Investment in the resort will probably reach 500 million euro within the next six to seven years.

Another project named Super Borovets is expected to start within a month. Construction works will start on October 8 2007. A nine km gondola lift will connect the Samokov and Markudzhitsite ski runs. Shortly after, construction works will begin on other lifts and nearly 100 km ski runs. The other phase of the project will involve investment in hotels.

For further information, visit www.sofiaecho.com.

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