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21.04.2007 A SECOND BIG COMPLEX PLANNED NEAR BOROVETS

24 chasa Daily, 19th April 2007, with excerpts

Analogue of the big project “Super Borovets” is under development by the businessman Hristo Kovachky. It will be situated in Mala Tsurkva, Govedartsy and Maljovitsa. General construction plan of the area is now being prepared, and is about to be completed by the end of May. Joint company “Nadar 2006” was created last year for the purpose of the new project. 50% of the shares are owned by Samokov municipal and the remaining shares belong to “El-El Impex”, whose sole owner is Hristo Kovachky.

The plan is to create 5 tourism centres, which will be able to service 8-10 thousand tourists, explained from “Nadar 2006”.

The so-called resort-and-tourist location will comprise...

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