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

Related Headlines:

kosovo-serb-leader-blames-arson-on-political-enemies-07-28-2017
28 Jul 17

Kosovo Serb Leader Blames Arson On Political Enemies

Kosovo Serb politician Oliver Ivanovic said his political activism ahead of the Kosovo local elections probably explains why his car was torched in the night between Thursday and Friday.

28 Jul 17

Brnabic Denies Serbia Has Homophobia Problem

28 Jul 17

New Realities and Old Temptations

28 Jul 17

Croatia Vows to Meet State Asset Sales Target

Premium Selection

poison-gas-the-bosnian-war-s-forgotten-weapon-07-27-2017
27 Jul 17

Poison Gas: The Bosnian War’s Forgotten Weapon

Poison gas and other toxic chemicals were used dozens of times during the Bosnian conflict to torture and murder prisoners, but almost no one has been held directly responsible in court.

bosnian-hostel-tells-story-of-assassination-that-changed-world-07-26-2017
27 Jul 17

Bosnian Hostel Tells Story of Assassination that Changed World

A stay at an unusual hostel in Sarajevo takes visitors back to the event in 1914 that put the city on the map and unleashed the First World War.

27 Jul 17

Busting Myths About Russia’s Balkan Designs

24 Jul 17

The Many Charms of Serbia's Valjevo

24 Jul 17

The Srebrenica Refugee Camp that Never Closed

20 Jul 17

Serbia in Two Minds Over New IMF Deal