The Ministry of Economy announced public invitation for selection of co-investor for joint construction of holiday hostel on Jabučko Ravnište on Stara Planina mountain on Friday (July 31, 2009).
The State Secretary for Tourism, Goran Petković, told Beta agency that he expected all the contracts to be signed by the end of the year, and that the construction of Stara Planina mountain would commence in 2010.
He said that the investment, which was estimated at about 50m EUR, would be divided into four smaller investment projects.
- In that way, the investor will be able to apply for individual investment project - said Petković and added that the investments had been divided into hotels, multifamily houses, congress centers and villages.
Petkovič said that the companies that had been interested in that project earlier would be informed as well.
According to the public ad, published in daily newspaper Politika, the complex on Jabučko Ravnište will occupy the surface of 157,662 square meters.
The holiday complex will be built by the co-investor who offers the most favorable terms, and the plan is that minimum 15% of built facilities become property of the state.
The investor who buys the tender dossier and has experience and positive business results in the last two years can submit the bid.
All interested companies can buy the tender dossier within 20 days from the day the invitation is published, while the bids will be opened 40 days after the announcement of the invitation.