site.bta Investments Mark 35% Growth in March-December 2015

Investments Mark 35% Growth in March-December 2015

Plovdiv, December 18 (BTA) - Investments in this country marked a 35 per cent growth in the past ten month, Stamen Yanev, Executive Director of the InvestBulgaria Agency (IBA), said in Plovdiv on Friday. The summarized data of an IBA-implemented project under Operational Programme Development of the Competitiveness of the Bulgarian Economy show that Bulgaria is perceived as an attractive place for investments.

This year IBA has certified 67 projects of the value of 6,000 million leva, which have led to the opening of 13,000 new jobs.

Several new big investors are expected to make investments in the Trakiya Economic Zone due to its successful performance, Yanev also said.

IBA provides incentives for the business, which involve acceleration of the administrative procedures for the purchase of state or municipal plots without a tender or a competition, provision of financial assistance under the form of payment of the social security contributions to newly recruited persons for a period of one to two years, covering the training of new recruits, building of infrastructure, etc.