Israeli investor BSR Sofia will put around EUR 20 million into a business park in the Bulgarian capital, it emerged at Wednesday`s ground-breaking ceremony.

The 36,000 sq m of offices and parking lots will sprout in Slataina district in two years. Local Planex Build has been hired to build the park. Its manager, Zdravko Kardashev, hailed the project is a signal of the improving business climate in Bulgaria.

The comeback of large investors with long-term goals is a sign that the time is ripe to kick-start efficient and financially secured projects, said Plamen Andreev, manager of Planex Holding.

This News is listed at news.Guide-Bulgaria.com

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