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Ahtopol News July, 2007


Italian-led JV to build 80 mln euro yacht marina in Ahtopol

The Bulgarian city of Ahtopol, on the Black Sea, has a set up a joint venture with several Italian companies for the construction of a yacht marina.

The Yachtopolis joint venture has already handed the municipal council in Tsarevo, which has jurisdiction over Ahtopol, a letter of intent concerning the project, said Georgi Martinov, one of the company's executive directors.

The Ahtopol municipal administration is ready with the design concept for the marina which will dock 500 yachts and...

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