Vidin Free Zone attracts large investors

Vidin Free Zone can attract large investors after the state has changed its status. With a decision taken by the Council of Ministers, the status of the zone within the meaning of Decree No. 2242 is terminated and the activity of the same is subject to the general regime. The change will allow the sale of land on the territory of the zone instead of renting, which was the only option so far. Expectations are the adopted changes will create new opportunities for attracting large and strategic investors.

"Most investors are looking to buy the land where they implement their projects. These are long-term projects for which land ownership is a prerequisite", said Antoaneta Bares, Executive Director of National Company Industrial Zones. According to her, the change in the status of the Zone and the option to buy the land will open new opportunities for large investment projects in the region. Vidin Free Zone provides a strategic location in close proximity to the Danube Bridge 2 and the cargo port. The location gives quick access to two borders - with Serbia and Romania. The infrastructure is also built.

"National Company Industrial Zones" manages 8 more projects in Bulgaria. The most dynamic of them are Sofia - Bozhurishte Economic Zone and the Industrial and Logistic Park - Burgas, where more than 40 companies have bought land and positioned their facilities.