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5,4 billion leva to be invested in construction in Bulgaria in 2007

Рубрика: General news Източник:      The participants in the conference predicted that in the future, the investors` interest will be directed towards the construction of commercial and entertainment centers.
Almost half of the building investments in Bulgaria are concentrated in Sofia, Varna, Burgas, Plovdiv, and lately Blagoevgrad, because of its proximity to Bansko.

According to Dr Pavlina Milusheva PhD, research among the building companies in Varna found that most of them do not have a department responsible for the material and technical supply. The problems for the building companies are the shortage of workers on one side and the lack of reliable materials and suppliers on the other.

Because of the massive western companies entering the Bulgarian market, many smaller developers are expected to go bankrupt. To survive they will have to specialize in a certain sphere in building, said Milusheva.