site.btaInternational Economic Forum Held in SE Bulgaria

International Economic Forum Held in SE Bulgaria

Yambol, Southeastern Bulgaria, June 21 (BTA) - Speaking at an International Economic Forum held here on June 20 and 21, Agriculture and Food Minister Dessislava Taneva Tuesday said that the last years have seen many investments in the sphere of agriculture and manufacturing in the region of Yambol mainly due to the work conditions created by the local authorities, as well as the improvements in infrastructure.

Within the forum, Taneva presented the business opportunities under the Rural Development Programme 2014-2020. Its budget amounts to 2.9 billion leva, of which 32 per cent are directed at measures for the development of business, 27 per cent for agroeconomy and climate, 25 per cent for public infrastructure, and 5 per cent for supporting investments in the private sector, she explained.

Deputy Economy Minister Lyuben Petrov took part in a panel on "Yambol: Business Opportunities in Key Fields" concerning the foreign trade policy. He presented the Government's main actions for promoting export, attracting investments and broadening the market share of Bulgarian goods and services on external markets.
             
Opening the forum on Monday, Economy Minister Bozhidar Loukarski said that an industrial zone can be successfully developed in Yambol. "To achieve sustainable growth and attract more investments in the region, we have to work towards improving the economy's competitiveness and its restructuring into a knowledge economy by strengthening the interaction between industry and science," he noted.
  
According to Regional Development and Public Works Minister Liliyana Pavlova, the construction of Trakia Motorway and the renovation of the road infrastructure changed drastically this part of Bulgaria in terms of GDP and employment opportunities in the last several years alone. She recalled that thanks to the resources under EU funds in the previous programming period, the territory of Yambol saw the implementation of investments worth around 100 million leva in the modernization of the urban environment, the water and road infrastructure, as well as the educational, cultural and tourism infrastructure.