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Bulgaria seeks to attract foreign investors in seven sectors

Staff Writer |
Bulgaria will focus its efforts on attracting foreign investments in seven sectors of its economy. This was stated by Deputy Economy Minister Daniela Vezieva and executive director of the InvestBulgaria Agency, Stamen Yanev.

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The leading sectors are production of computer and communication technology, electrical equipment, machines and equipment, chemical products, items from rubber, plastic and other non-metal raw materials as well as food products.

Twelve European countries are most likely to make foreign direct investments, namely Germany, the UK, France, Denmark, the Netherlands, Sweden, Italy, Belgium, Austria, Norway, Ireland and Switzerland. Outside Europe, the USA, China, Japan, Russia, Singapore, Israel, Kuwait, Turkey and Qatar hold the greatest potential to do so.

The end goal of the concept is to attract new entreprises in existing high-quality sectors, attracting investments in favour of regional policies, as well as representing Bulgaria as a meeting point between East and West.

Commenting the outcome of last month's referendum on the membership of the UK to the EU, he said that Brexit does not exclude the possibility of some British businesses relocating to Bulgaria.

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