The cost of building a yacht port just off the main beach strip in Burgas, on the Black Sea, is estimated at around 100 mln euro, Blagovest Bravov, chairman of an initiative committee for the construction of the large-scale facility, told at a news conference. The marina, which will dock 1,700 mid-size yachts, could be built in 5 years, said local sailing aficionados who stressed the need for such a facility in the booming tourist area. The initiative committee will try to arrange a meeting with the regional governor and the Burgas mayor to drum up support for the marina project. The committee will seek to enlist their assistance to organise a working meeting for representatives from all institutions that could facilitate the project. In addition to the yacht port, the proposed development will also comprise at least 6 hotels, office building and various harbor facilities. The office building will be designed to house 600 customs, marina administration, police and medical staff. The scheme will employ a state-owned land plot and therefore the committee has proposed for a 35-year concession contract to be granted for its use. At the moment, the only 2 active yacht marinas along the Bulgarian Black Sea coastline are in the Golden Sands and St. Vlas resorts.