Kamchiya resort to receive heavy investment, mayor says
The resort village of Kamchiya, located 28 km southward from Varna, will attract significant investment to the tune of between 200 and 250 million euro over the next two or three years, Avren municipality mayor Krassimir Todorov said, as quoted by Bulgarian news agency BTA. The projected investment will add between 12 000 and 15 000 new beds to the capacity of the holiday compound, he added.