Sofia Airport Centre Construction Launched In Bulgaria

On June 5 Sofia mayor Boiko Borissov, US ambassador to Bulgaria John Beyrle and British ambassador to Bulgaria Jeremy Hill launched the construction of Sofia Airport Centre.

The 250 million euro-worth business park will spread on a total area of 165 000 sq m.

Nearly 100 000 sq m of the total area will be developed as class A office space. The centre will also have industrial and logistics areas, as well as a hotel.

Borissov said that the municipality will issue the permit needed for the project within days.

Labour price in Bulgaria was nearly 20 times lower than in other EU member countries, Borissov said. He said that such projects could hopefully change the trend.

Tishman International is investor in the project. The first phase of the project completion should end by 2008.