Construction of the 300-million-euro
Perelik Tourist Centre to begin in
autumn

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The first phase of Perelik Tourist Centre's construction is set to begin this fall, representatives of the investor, the local Sports and Tourism Centre Perelik, announced, as quoted by Dnevnik Daily. The year-round holiday development will be located in the Rhodope Mountains, in south-western Bulgaria.
Sports and Tourism Centre Perelik is a joint venture of private investors and the Smolyan Municipality. Advisor for the project is Alfa Finance Holding. In May, the joint venture received a First Class Investment certificate, which entitles the project to infrastructure funding from local and state government. The project, designed with nature preservation in mind, envisions infrastructural improvements in the Smolyan region. There are also plans for the constructions of ski runs with a total length of 200 km and 100 km of ski lifts. There will be summer sports facilities as well.