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

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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."