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Spaniards to build 2 golf courses near Sofia

Date: 25.03.2006

Spanish investors will build a housing complex with two golf courses in the village of Kutina, near Bulgaria's capital.

Early Friday morning Sofia mayor Boyko Borissov signed a contract for the building of the complex with Manuel Ferri Sanchez, owner of Ferri Group.

Over EUR 150 M will go into the complex that will also have a hotel and houses and will provide for 2,000 work places during construction.

Everything could be built in a year, Ferri Sanchez said. He added that once it opens, the complex would offer employment for about 700 people.

To finalize the deal Spanish Ambassador to Sofia Fernando Arias handed down to the capital's mayor a cheque worth of BGN 2.6 M (approximately EUR 1.3 M).

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