You are here: Home» Economic Issues» China» Trade & Investment

Bulgaria Seeks Chinese Investment in Industry

Adjust font size:

Bulgaria intends to attract Chinese investors to be development partners and export customers of the country's industrial sector.

Representatives of the Invest Bulgaria Agency and the state-owned National Company Industrial Zones (NCIZ) are travelling to China in September to negotiate cooperation parameters for the management of the Bojurishte industrial zone, said Economy Minister Traicho Traikov on Monday.

Bulgarian officials will also try to attract Chinese companies to the special zone, Traikov added.

The development of the Bojurishte industrial zone started in June this year when the Bulgarian Council of Ministers transferred to NCIZ four land plots with a total area of 191.4 hectares.

The Bulgarian government meanwhile approved a memorandum of economic and trade cooperation with China's Zhejiang Province.

Traikov said Monday that Chinese investors are interested in operating a Bulgarian airport under concession terms. But he did not elaborate.

In April this year, Kamen Kichev, deputy Bulgarian minister of transport, information technology and communications, said that the Ruse, Gorna Oriahovitsa and Stara Zagora airports, and the cargo terminals of the Sofia and Plovdiv airports, were seeking investors.

(Xinhua News Agency June 29, 2010)

Related News & Photos