16.12.2022

THE PLANNING OF NEW INDUSTRIAL ZONES WILL HAVE A SPECIAL FOCUS ON NORTHWESTERN BULGARIA

The planning of new industrial zones will have a special focus on Northwestern Bulgaria. This was announced by the Minister of Economy and Industry, Nikola Stoyanov, during a conference on the topic of Potential and Development of Vratsa and the Region, which was held in the city. According to him, about BGN 200 million in financing for the construction of industrial parks will be provided only under the National Recovery and Resilience Plan, and these locations are a tool for attracting investments in the regions.

The municipality of Vratsa has a serious potential for the development of industrial parks, and the identified over 10 plots are an excellent location for investors of any scale and with diverse activities, Nikola Stoyanov pointed out. He added that the Memorandum of Cooperation between the National Company Industrial Zones and the municipality of Vratsa will be renewed as soon as possible, which is a good basis for partnership and for attracting more investors to the region.

The data shows that after the covid pandemic, the economy in the district has already started its steady upward growth. This is confirmed by the growing number of employed persons in the Vratsa region, which from the beginning of 2021 to September 2022 increased by more than 11 thousand people, Stoyanov also said. According to him, these numbers are a sign of economic awakening in the area, but important issues related to employment and wages in this region are still on the agenda.

According to the Minister of Economy, in recent years the municipality of Vratsa is an example that with proactive actions and a lot of work, the region can become one of the positive examples for Northwestern Bulgaria. Proof of this is the fact that by the end of 2020, direct foreign investments in the region will exceed 120 million euros, added Stoyanov.