Bulgaria Presents Industrial Zones Around Sofia, Plovdiv to Chinese Investors

Bulgarian Economy Minister Bozhidar Lukarski presented the industrial zones around Sofia and Plovdiv to Chinese investors.

Lukarski together with six other ministers is part of the Bulgarian delegation headed by Prime Minister Boyko Borisov, which is on a visit to China for participation at the fourth leaders' meeting of Central and Eastern European (CEE) countries and China, which is taking place in the Chinese city of Suzhou on Tuesday and Wednesday.

The Bulgarian cabinet expressed its strong support for the partnership initiative between the countries of CEE and China, the government's press service informs.

According to Lukarski, the most significant results from such a partnership would be the increase of Chinese investments in Bulgaria and the growth of trade exchange between the two countries.

The economy minister said this during the session of the fifth economic and trade forum between the countries of CEE and China dedicated to the development of industrial parks.

The forum is accompanying the leaders' meeting, the so-called 16+1 initiative, which is attended by Bulgarian Prime Minister Boyko Borisov.

Lukarski presented Bulgaria as an excellent place for doing business, which offers considerable economic and logistical advantages to Chinese companies.

In his words, the strategic location and good infrastructure connectivity position Bulgaria as the "Eastern gate of Europe".

Lukarski identified machine construction, automobile industry, electronics and electronic technology, information and communication technologies (ICT), chemical and pharmaceutical industry, agriculture and food industry as Bulgaria's priority sectors, which hold potential of attracting Chinese investments.

Another possible field,...