site.btaGovernment Allocates BGN 3 Mln to Burgas Municipality for Road Infrastructure Needed for Military Equipment Factory
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![Government Allocates BGN 3 Mln to Burgas Municipality for Road Infrastructure Needed for Military Equipment Factory](/upload/2093286/20230816100411_MIN_9444-01.jpeg?l=1000&original=)
The Council of Ministers on Wednesday decided to allocate BGN 3.4 million from the budget of the Innovations and Growths Ministry to Burgas Municipality for municipal road infrastructure in connection with an investment project for the construction of a factory for military equipment by International Armored Group.
The investment is worth BGN 20 million and initially the factory will employ 20.
With the building of technical infrastructure conditions will be put in place for the implementation of future investment projects which will support the business and the creation of new jobs.
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