Investments to the size of BGN 710 million, creating 3203 jobs, were certified since the beginning of the year

investments size bgn 710 million creating 3203 jobs were certified since beginning year

Снимка:

от БНТ

23:03, 24.09.2020

Since the beginning of 2020, under the Investment Promotion Act (IPA), certificates for investment class have been issued to 22 projects (19 projects for class “A”, 3 projects for class “B”), at a total value of 709.4 million BGN, and they have the potential to create 3203 new jobs. This was stated by the Minister of Economy Lachezar Borisov at the presentation of a class "A" investment certificate to "Balkan Agricalcharal" Ltd.on September 24 in Plovdiv.

The investment project of the company envisages expansion of the existing activity by building a new production and storage base for processing and storage of fruits and vegetables in the Maritsa Industrial Zone, part of the Thrace Economic Zone, Kalekovets village, Maritsa municipality.

The size of the investment amounts to BGN 29.2 million and 31 new jobs will be created. The certificate will enable the use of the incentive measure for construction of leading road infrastructure under the IPA.

The Minister of Finance stressed that the announced investment is another proof of maintaining the positive trend of interest in investment opportunities in the country, despite the global crisis caused by the pandemic.

Macroeconomic and financial stability and entry into ERM II put Bulgaria on the map of investment processes. In a period of crisis, the duration of which is unknown, the state's support for new investments and employment is of particular importance," he added.

Borissov also cited statistics from the preliminary data of the Bulgarian National Bank, according to which the net flow of foreign direct investment in Bulgaria for the period from January to July 2020 amounts to EUR 1,407 billion, increasing by EUR 495 million (54.2%) compared to the same period of the previous year.

In Plovdiv, the Minister of the Economy also signed contracts between the Ministry of Economy and the Municipality of Plovdiv, as well as between the Ministry and BTL INDUSTRIES for the construction of the infrastructure under the company's investment project implemented in the city.

After the signing of the contracts by Minister Borissov and the mayor of the city Zdravko Dimitrov, funds in the amount of BGN 1.02 million will be allocated to the Municipality of Plovdiv. for the construction of the requested road infrastructure, which will improve the transport connectivity in the area where the enterprise is located.

The funds will come from the budget of the Ministry of the Economy for the implementation of financial incentive measures under the IPA. The implemented certified investment project by BTL INDUSTRIES is for the construction of a factory for the production of electronic medical equipment and will create 80 new jobs.

Lachezar Borisov also participated in the announcement of the project "Access to Technological Modern Educational Environment" , which is implemented by the team of "Trakia EDU" to Trakia Economic Zone with the financial support of the Foundation "America for Bulgaria".

Initially, the project will include 60 students from 11th and 12th grade of 4th high schools in the Trakia Economic Zone. The aim is training in a modern material and technical base with teaching the necessary knowledge and skills for the industry. This will facilitate the realization of young people in manufacturing enterprises.

The event was attended by Eng. Plamen Panchev, founder of the Trakia Economic Zone and chairman of the Trakia Economic Zone Cluster, President of the America for Bulgaria Foundation Nancy Schiller, Executive Director of the Foundation Desislava Talyokova, Nadia Zaharieva - Program Director "Business, Entrepreneurship and Technologies” of the foundation, mayors of several municipalities, directors of high schools and managers of over 30 companies.