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Enlargement plans for Bulgaria

The execution of these projects depends on Sofia's success in the 2014 Winter Olympics bid, Capital said. Despite organisation and infrastructure problems, investors also show interest in the projects.

Contract 99, one of the companies involved in the project, said that it had already started negotiations for the provision of lifts for the new resort. By the end of June the company would present its final business and construction plans and lift construction would begin in August, Contact 99 executive director Plamen Gochev said.

Borosport JSC, the company managing the Borovets resort, had approved enlargement plans, Capital said.