Home Page
 
News 26 Nov 12

Indian Firm Plans Lakeside Resort in Macedonia

‘Sahara India Pariwar’, owned by the billionaire Subrata Roy, plans to build a luxury recreational complex on the shores of Lake Ohrid.

Sinisa Jakov Marusic
BIRN
Skopje

Subrata Roy [left] and Macedonian Finance Minister Zoran Stavreski [right] | Photo by: gov.mk

The company did not reveal the expected cost of the lakeside complex that will include hotels, casinos and a golf course.

But media reports suggest that the investment will amount to at least 40 million euro.

The complex will be developed “across 240 hectares around the Lake Ohrid, consisting of world-class hotels, casinos, residential and recreational facilities and an international standard gold golf course,” read a statement by Subrata Roy’s son, Seemanto Roy, director and head of the company’s international business department.

Subrata Roy visited Macedonia in mid-June, when he received a warm welcome from Prime Minister Nikola Gruevski and his economic team.

During his stay, Roy scanned several investment opportunities and promised to propose several ideas to the government.

The Indian company says the project has been designed by Atkins, a UK-based engineering, design, planning, project management and consulting services company.

It also says that the project, to be built near the village of Ljubanista, close to the Galicica National Park has undergone a complete environmental study.

The project is expected to boost tourism in Ohrid


The scenic town of Ohrid along with the lake of the same name in southwest Macedonia, are the country's biggest tourist attractions by far.

If the project becomes reality, it will represent a major boost for tourism.

“We absolutely support the idea,” said Donco Taneski, head of the Macedonian Association of Hotels and Hospitality Personnel, HOTAM.

“We do not see this complex as a competition but as a chance for many young people to obtain employment,” Taneski told Ohrid News.

Talk about it!

blog comments powered by Disqus

Premium Selection

macedonia-greece-must-seize-historic-opportunity-dimitrov-01-16-2018
17 Jan 18

Macedonia, Greece, ‘Must Seize Historic Opportunity’ – Dimitrov

In an interview with BIRN, Macedonia’s foreign minister, Nikola Dimitrov, says the two countries have a duty to use the current momentum to finally resolve their ancient disputes.

autonomy-demands-strain-hungary-romania-relations-01-15-2018
16 Jan 18

Autonomy Demands Strain Hungary-Romania Relations

Hungary and Romania are at odds – again – over the issue of Transylvanian Hungarian demands for autonomy, which Bucharest must address one day, experts say. 

11 Jan 18

Kosovo: New Year Brings Same Old Struggles

Latest News from the Balkans

17 Jan 18

Ex-KLA Officials Deny Knowing of 1998 Killings

17 Jan 18

Croatia Court Acquits Priest Who Defended NDH

16 Jan 18

Romania Ruling Party Nominates Woman as PM

16 Jan 18

Macedonia Eases Pressure on Jails