Super Borovets - start of the construction

www.BulgariaSki.com, 19th June 2006

BulgariaSki.com team visited Samokov municipal, to check the development of the Super Borovets project.

Two important meetings marked the development of Super Borovets project on 12.06.2006.

A general shareholder meeting, followed by a meeting of the board of directors of Rila- Samokov Joint Stock Company has resulted in the actual start of the development of Northern Rila region.

Samokov council, demanded changes to the project’s management, which were accepted. Thus the most important decisions which will be taken by the Joint Stock Company, regarding investments for more than 500 000 Euros will require a 4 out of 5 majority from the board of directors.
The accountancy budget for 2005 was also approved.
A new session of the Joint Stock Company was set for 31.07. 2006. The actual assignments for the realization of the project, together with the business plans will be approved on that date.
So far, the shareholders have come a long way with the development of the project. Plans for the construction of the biggest gondola lift in Rila were discussed. Geotechnical surveys for its construction have already pinpointed its future location. The lift will be 9200 metres in length with several stops and will transport skiers to the top in 28 minutes.
Some of the most prestigious alpine construction companies in the world have already presented their offers to the Joint Stock Company. However, it is still not clear which one of them will supply the equipment.
Angel Nikolov, the mayor of Samokov assured us that there will be enough funds for the start of the project and the first foundations of the cabin lift in Samokov will be excavated in August this year. The first section will connect the Borovets 1100 site with the Banderata site.
The most important point is that the joint stock company has enough funding to start construction immediately.

The fact that the Samokov council owns the land will ensure that they will control building regulations and the construction, maintaining a balance between the new projects and the existing nature.

The project is roughly assessed to cost 600 million euros. This means that under the Law for Investment Encouragement, the Joint Stock Company will be eligible to apply for support from the Bulgarian Government.
The Samokov Council expects that the government will cover the costs for the indirect infrastructure, such as a new motorway connecting Sofia and Samokov, because Super Borovets is a project of National significance.

Another project is now being developed in Northen Rila, again with the participation of Samokov Municipality. It holds 50% of the shares in NADAR Joint Stock Company. They are working over the preparation of ecology assessment of the new project. It plans the construction of small villa sites nearby the villages- Madjare, Mala Tsarkva and Govedartsi. A lift will connect the villages with Mechit peak and Maliovitsa.

Thus Northen Rila will be transformed info a major tourism destination of 11- 12 satellite centers, connected with one another.
The Samokov Municipal has the though goal to organize and regulate the tourism centers and preserve the nature orientated mountain tourism.

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