Bulgaria's Golf Okol to invest 55 mln euro in resort project

Additionally, the ministry provided over 2.3 million levs for the construction of road infrastructure related to the Okol Lake Park project, it said in a statement.

Overall, 215 new jobs are expected to be created with the project.

Okol Lake Park is located on the outskirts of the Gorni Okol village near Samokov, about 30 km south of the capital Sofia and is intended to offer a modern alternative to the urban environment. According to data from the project website, the complex will include a golf course, a hotel, a farm, green areas, an educational centre, a shopping area and a sports hub. Construction works will be carried out in several phases, with the total investment being estimated at about 300 million euro.

(1 euro = 1.95583 levs)