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Bulgaria's Ahtopol chosen as site for 80 mln euro yacht Marina

Date: 31.07.2007

A group of Italian companies have entered into a joint venture with the Bulgarian coastal town of Ahtopol for the construction of a yacht marina.

Eighty per cent of the project, which was registered last year, is held by Italian shareholders.

The municipal administration of Achtopol has already drawn up the plans for the marina, Yachtopolis, which will have a capacity of 500 yachts and 100 fishing boats.

A letter of intent has been sent to the municipal council in Tsarevo, which has jurisdiction over Ahtopol.

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