Wake up the property market in the capital account of the mayor Yordanka Fandakova. She said the first quarter revenues from building permits have half a million more than in January - March 2010
Next month will begin work at intersections on two levels in Sofia, said the mayor of Sofia. According to Yordanka Fandakova infrastructure development is the priority in Sofia. Over 30 companies are working only on the largest infrastructure project - the capital metro.
Major concern for us as an institution is to ensure good business climate in the difficult conditions of economic crisis, said Fandakova. She noted that Sofia is still a good city to invest and was declared the best city for business in 2010 and the Metropolitan Municipality has announced a major investor. The economy of Sofia is 30 percent of GDP. About 1 billion 200 million is the total budget of the municipality, nearly half is for capital expenditure, said Fandakova.