Chinese company with an interest in Bozhurishte Industrial Park
A Chinese company from Shanghai intends to build a pipe threading factory in our country. This became clear after the meeting of the owner of Pan-China Fastening Systems Co. (PCFS)) Jim Zhou and the management of National Company Industrial Zones (NCIZ).
The Chinese investor owns over 20 patents for pipe thread rolling and plan to invest 5 million Euros in the next three years to build 40 small automated production lines.
"We want to sell our products on the European market and Bulgaria is a good place to invest in production, said Mr. Zhou – Our modern technology and our cooperation with our Dutch partners from Dutch Pipe Fitting BV are a guarantee of success. Our investment will provide around 25 jobs."
"We will be happy to be a partner of an innovative company like PCFS, said eng. Mladenka Mangezova, Executive director of NCIZ.
Yana Mladenova, Director of Business Development and Projects Department at NCIZ, presented the industrial zones from the Company's portfolio and the opportunities for investment in them.
Mr. Zhou and his partner Mr. Leon Stadegaard from Dutch Pipe Fitting BV visited Industrial Park Sofia-Bojurishte, where 39 investors from the country and abroad have been attracted so far. The park, with an area of 3 million square meters, offers land with built-in infrastructure with possibilities for electricity supply, water supply, household and storm sewerage, gasification, optics. Investment projects in the park exceed BGN 610 million.