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POMORIE GOLF GROWTH STOPPED DUE TO POSSESSION AND GAIN SHARING WRANGLES


 Work on the Country Club & Black Sea Golf development in the waterside village of Kableshkovo has been stopped. The resolution was taken because the Pomorie municipality and NGB Consulting are still arguing over the share of the local government in Cabland, the aggregate venture particularly incorporated for the intentions of the design.
Besides , no assent has yet been extended on how the gain from the compound venture should be split .
The design has been in the pipeline for three years and is usually expecting a building allow.
The Black Sea Golf & Country Club will overlay a 190 ha plot about 10 km from Pomorie.  It will boast a 4-star hotel, tennis grounds and swimming pools as well as golf and tennis schools.
NGB Consulting has yet designed  a agreement providing for the municipality’s retirement from the aggregate venture. The company has offer purchasing out its part in the consent and persists that Pomorie municipality should penalty any future benefits produced while holding the controlling functions.
NGB reply  by claiming that the municipality itself initiated the disputable clauses after finding itself incapable to provide any financing for the venture.



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