Bulgaria to boost industrial zones development: minister

Source: Xinhua| 2017-08-04 22:31:27|Editor: yan
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SOFIA, Aug. 4 (Xinhua) -- Bulgaria's minister of economy Emil Karanikolov said here Friday his country would boost the development of industrial zones in a bid to attract more investment.

"The development of already existing industrial zones and the creation of new ones is a very important aspect of the successful stimulation and attraction of investments in our country," said Karanikolov, who took office in May.

The ministry has been working to create new industrial zones throughout the whole country to help overcome the regional imbalances, Karanikolov said.

Currently, talks are being held on the establishment of zones in the north-central and south-central regions of the country, the minister said.

The state would build basic infrastructure, and then sell land and construction rights to the investors, he said.

Bulgaria would also introduce new incentives for investors in the industrial zones, hoping to attract those in sectors such as manufacturing, high-tech, and logistics, Karanikolov said.

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