Investments in Bulgarian agricultural project
A new project in Bulgaria has been announced that will aim to produce agricultural goods, something that may be of interest to potential property developers.
Both Risk Engineering and Green House will come together in order to construct a number of greenhouses and co-generation units that will look to produce both electricity and heat, reports the Sofia Echo.
Moreover, they are set to invest 500 million euros (£336 million) in the project, according to Dnevnik Daily.
It is believed that the development will take roughly 7 years to be completed, but could generate up to about 4,000 fresh jobs.
In addition, it is expected that that the units will make the money back from investments after 7 or 8 and a half years.
Once grown, goods will be available for export, the paper added.
Earlier this week, a recent survey from Eurostat claimed that food and alcohol is cheapest in Bulgaria out of all the European Union countries.
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