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Bulgaria's Minister of Regional Development, Rosen Plevneliev, broke the ground of a modern logistics park in the Danube city of Ruse.
The ceremony was held Monday in the presence of the Ruse Mayor, Bozhidar Iotov and the investors from the Bulgarian Property Development company.
The logistic center will include three buildings in Ruse's industrial zone on 53 676 square meters. It will boast top of the line warehouses, offices and parkings for cars and trucks.
The Bulgarian Property Development Company has already invested EUR 2 M in the project and the total investment amount is estimated at EUR 12 M.
The project was designed by the UK Fletcher Architects and the Bulgarian Proconsult while the construction works will be conducted by Intis and MSKAD companies.
The park aims at improving the effectiveness of the local industry and attracting new business in the area.
Minister Plevneliev pointed out that the realization of such major investment in times of economic crisis is proof of the business potential of the Ruse Region.
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