ZTE invests in a mega project near Sofia

15.05.2017
ZTE invests in a mega project near Sofia

Megaproct "St. Sofia" will have office buildings, aquapark, hotel with more than 2000 rooms more many other amenities. It will be located near Sofia and, according to the latest data, the investment in it is 1.6 billion dollars.

"St. Sofia "is financed by" Bulgarian Development Holdings ", which is controlled by Chinese depositors. It has now become clear that ZTE-ZTEICH, a subsidiary of the Chinese corporation, will work on equipment for the "Bulgarian Las Vegas". The company will support the project with various IT solutions.

ZTE is a telecom equipment manufacturer. The company has signed a contract with which it will officially take part in the project near Sofia. The architectural design was done by CMDL Architects International.

The construction of "St. Sofia had to start two years ago, but administrative problems delayed the start of the project.

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