Two new industrial zones to be set up, Bulgarian Economy Minister Says

Yemen Calls for International Support to Rebuild Housing Sector

The Yemeni government has urged the international community to provide support to rebuild the country's housing sector, which has been severely damaged by the ongoing conflict.

Gaza Death Toll Rises to 54,381 Amid Ongoing Israeli Aggression

GAZA-SABA The death toll from the Israeli aggression on the Gaza Strip since October 2023 has risen to 54,381, with 124,054 injured, according to medical sources.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Napoli Wins Serie A Title for Fourth Time

Napoli won the Serie A title for the fourth time in its history, after defeating Cagliari 2-0 in the 38th and final round of the competition.

Last Update: ، 2025/05/31 Time 08:17:30
Latest News:

President al-Alimi meets with Arab Ambassadors to Russia

Vice Foreign Minister receives copy of credentials of the Somali Ambassador

Leadership Council Chairman Warns of Iranian Expansion at Institute of Oriental Studies

Chairman of Leadership Council Honors Russian Scholar with Medal of Merit

Ambassador Fakirah Meets with Jordanian Official to Discuss Bilateral Relations

Two new industrial zones to be set up, Bulgarian Economy Minister Says

[09/08/2024 05:35]

SOFIA-SABA
An industrial and logistics hub at Stara Zagora (South Central Bulgaria) and an industrial park at Aksakovo (Northeastern Bulgaria) will be constructed according to a Concept on Development of Industrial Parks and Zones, the Bulgarian news agency quoted the country's caretaker Economy and Industry Minister Petko Nikolov as saying on Friday.

"The Stara Zagora industrial park will be built on the site of a closed-down airport at some 15 km from the city on an area of 220 ha owned by the State Consolidation Company. This project can be implemented by public-private partnership, the Minister said.

The Aksakovo industrial park will be built on an area of some 450 ha, and the project stands realistic chances of being designated as a site of national significance.

The two industrial parks will cost an estimated BGN 12 million: BGN 3.5 million for Stara Zagora and some BGN 8.5 million for Aksakovo. Nikolov said that such financing is not available for the time being, adding that various options are being explored to find financial resources for the development of the two zones, including through the facilities of the World Bank and the European Bank for Reconstruction and Development."