Industrial zones from NCIZ’s portfolio to be financed under AttractInvestBG

Two of the undertakings in which the National Company Industrial Zones EAD participates as a shareholder together with the municipalities of Burgas and Stara Zagora – Indusrtial and Logistics Park Bugas AD and Industrial Zone Zagore AD, have been approved for grant funding for a total amount of nearly BGN 40 mln.

The funds are from the Recovery and Sustainability Plan under the "Programme for public support for the development of industrial districts, parks and similar areas and for attracting investment ("AttractInvestBG")".

A total of 11 industrial zones and parks in the country have been qualified and will receive grant funding of nearly 207 million BGN. Under the procedure, announced by the Directorate General "European Funds for Competitiveness" at the Ministry of Innovation and Growth, 20 projects have applied for funding of nearly BGN 384 million.

The project proposal "Investments in the development of Burgas Industrial Park" provides for the improvement of the business environment and the conditions for attracting and retaining investors in the long term, establishing the city and the municipality as an economic leader in the region. Investments under the project are aimed at the construction of feeder and internal technical infrastructure of new industrial areas located in the Industrial Zone "South - West", including the reconstruction of "Targovskal" Str., transport and plumbing infrastructure, street lighting and fibre optic networks serving the separate properties in the zone. The funds will be used to invest in the construction and reconstruction of feeder infrastructure and the construction of internal technical infrastructure. Many new jobs will be created. The approved funds for the project amount to BGN 25.7 million.

The project proposal of the "Zagore Industrial Zone" AD - "AttractInvestZAGORE - Stimulating economic growth in the region by creating favorable conditions for investors in the Zagore Industrial Zone - Elenino", includes the construction of a functioning industrial zone. The activities foresee the reconstruction of existing feeder infrastructure, the construction of new internal technical infrastructure and the construction of an environmentally friendly internal infrastructure (charging stations for electric vehicles). The approved funds for the project amount to BGN 13.8 million.