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3 Major Car Companies Ready to Invest in Bulgaria

Wednesday, Aug 29, 2012

Three major car manufacturers are ready to invest in Bulgaria by the end of 2012, according to the country's Economy Minister, Delyan Dobrev.

The companies are to produce high-tech vehicle equipment in the Balkan country, including airbags and air-conditioners, the Minister clarified in an interview for the Bulgarian National Television.

Dobrev pointed out that the new amendments to the Bulgarian Investment Promotion Act that are to be voted by the Council of Ministers on Wednesday would help the country attract a considerably larger deal of foreign investments.

Five key investment projects have been already prepared since the beginning of 2012, as compared with only four in 2011, he added.

Dobrev revealed that two platforms have been constructed to host the new investments – one in the Southern city of Plovdiv and one in the Northern city of Pleven.

Source: novinite.com