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Japanese to invest in the mineral geyser in Sapareva Banya

tmbulgaria.com, 17 March 2011, 05.15 PM

A Japanese company plans to sign an investment contract in April 2011 for usage of the mineral geyser in Sapareva Banya, the said resort’s mayor Sasho Ivanov.

Russian companies have also shown interest in the mineral springs in Sapareva Banya.

The municipality has a license for usage of the mineral treasures for 25 years. In this way the local government has the opportunity to receive all the incomes from the concessions.

There is also a German project for building of a geothermal station in Sapareva Banya.

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