The Detea Grupo from Spain will invest 50 million euro in the construction of a shopping mall on the capital's ring road across from Business Park Sofia (BPS), said the Bulgarian Foreign Investment Agency.

The mall will include retailers of foods, clothing, furniture, home decor and consumer electronics, according to Dnevnik daily.

Detea Grupo is also involved in construction and engineering, energy and environment, real estate and agriculture.

The mall will be the Spanish company's first investment in Bulgaria.

The 18 ha site of the future mall was purchased for 6 million euro.