Bulgaria needed a strategy for attracting foreign investments in other sectors besides real estates in order to have sustainable development, Rosen Plevanliev general manager of Lindner Bulgaria told participants at the second regional conference Balkan Real Estate Conference (BalREc) on April 16 2008 as quoted by Dnevnik daily.

On the second day of the two-day conference the topic was residential construction.
“At present 50 per cent of the FDI in Bulgaria are aimed at the construction sector which could continue for no more than three years,” Plevnaliev said.

The high level of FDI of about six billion euro has made Bulgaria dependent on foreign factors he noted. “What would happen if at some point the British and Irish banks stop funding projects in Bulgaria?”.

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