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$50 M foreingn Investments in Tourism

Date: 20.04.2001

According to the report of the Foreign Investments Agency the amount of foreign investments in tourism will exceed $50 M in Y 2001. The report was promulgated yesterday at the forum Tourism - the Profitable Investments.

The total capital investments in the branch in Y 2000 amounted to $137 M. $40 M of them were greenfield investments.

"Bulgaria becomes more and more attractive to foreign investors, since over 90% of the tourist base in this country was already privatized" - Deputy PM Zhotev said at the forum.

2.354 M foreign tourists visited BG in Y 2000.

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