site.bta602 Foreign Companies Interested to Invest in Bulgaria - Caretaker Economy Minister

Sofia, July 6 (BTA) - In the span of five weeks, 602 foreign
companies sent letters about intended investments in Bulgaria,
caretaker Economy Minister Kiril Petkov told a briefing on
Tuesday during which he reported on the results of a competition
 to this end among the economic advisors of Bulgarian services
for trade and economic issues abroad. Petkov said that the
letters "are not general talk but genuine intentions for
investment". Letters about intended investments were received in
 all trade and economic services Bulgaria has abroad.

Of the 602 letters, 129 are about direct intentions for
investments and export, 218 about interest in investment, and
255 about cooperation.

Petkov said that the next part of the effort is to realize these
 intentions. The Economy Minister said that he hopes that one
such direct investment will be announced already on July 10.
Petkov said that this is a European company from the sector of
new generation electric vehicles which intends to invest close
to 140 million euros in Bulgaria. "I hope that if on Saturday we
 sign this memorandum, we can have two of these cars parked in
front of the building of the Ministry," Petkov said.

Stamen Yanev, Executive Director of the Bulgarian Investment
Agency, said that the ambition is to realize the intentions in
these 602 letters as quickly as possible. RY/ZH