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

Presidential Leadership Council reviews national, regional developments

The Presidential Leadership Council (PLC) held a meeting Today, Thursday, presided over by His Excellency President Dr. Rashad al-Alimi, Chairman of the Council, with the presence of its members Aidarous al-Zubaidi, Dr. Abdullah al-Alimi, Othman Mujalli and via video conference Tariq Saleh and Abdul Rahman al-Mahrami, while Council members Sultan al-Aradah and Faraj al-Bahsani were absent with excuse.

Bulgaria, Romania, Austria to sign declaration supporting Bulgaria's accession to Schengen by land

Bulgaria’s Caretaker Prime Minister has said that on Friday, November 22, the interior ministers of Bulgaria, Romania and Austria will sign a declaration supporting the full membership of Bulgaria to the Schengen Zone.

S. Korea's exports rise up 5.8 percent

South Korea's exports rose 5.8 percent year-on-year in the first 20 days of November, driven by strong global demand for semiconductors and ships.

Portugal beats Poland 5-1 qualifying for knockout stages of UEFA Nations League

Portugal qualified for the knockout stages after of UEFA National League after defeating Poland 5-1.

Last Update: ، 2024/11/21 Time 06:58:56
Latest News:

Al-Zubaidi: Australia's designation Houthis, terrorist group supports international unity against terrorism

Al-Aradah discusses military developments with advisor of UN envoy for Yemen

CBY Deputy Governor discusses economic, financial developments with Chinese diplomat

Yemen signs an agreement with Arab League to organize goods transport on highways

PM receives Chinese Chargé d'Affaires to Yemen

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."