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FACTORS INFLUENCING THE INVESTMENT POLICY OF RESORTS ON THE BULGARIAN BLACK SEA COAST

Stefan Ivanov

INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE "CONSTRUCTION ENTREPRENEURSHIP AND REAL PROPERTY", 2022, issue 1, 210-219

Abstract: Factors influencing the investment policy of resorts on the Bulgarian Black Sea coast are multiple. Some crucial factors are the rule of law, the amount of capital, the aids, and subventions of the state, the taxation, the infrastructure available, the planning of destinations, the workforce as qualification, skills, and knowledge, the whole culture of the service provided, the popularization of the country as an attractive touristic destination, and, maybe the most important factor, it is the urbanization potential of the resorts themselves. However, the actual situation of the sector reveals not all of these factors are well considered and exploited both by the government and by the business. The following report aims to give some recommendations on how to improve the current state of the investment policy of resorts on the Bulgarian Black Sea coast.

Keywords: Tourism; Investment; Policy; Capital; Economics; Healthcare; Ecology; Urbanization; Construction (search for similar items in EconPapers)
JEL-codes: A1 G31 R1 Z30 (search for similar items in EconPapers)
Date: 2022
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