site.btaSpecial-Purpose Vehicle Plant to Be Built in Simitli
![Special-Purpose Vehicle Plant to Be Built in Simitli](/upload/8818766/2024-08-15_IAG_BG.jpeg?l=1000)
![Special-Purpose Vehicle Plant to Be Built in Simitli](/upload/8818766/2024-08-15_IAG_BG.jpeg?l=1000&original=60fdb09b874ce8bff50d42e3294884a93ad3c795)
A plant for high-tech innovative manufacture of special-purpose and military vehicles will be built in the southwestern Simitli Municipality, the Ministry of Economy and Industry said on Tuesday. The facility will occupy an area of 153,000 square metres in a high-tech manufacturing park registered last year by National Company Industrial Zones (NCIZ).
The plant will put out over 100 models of logistical, combat and tactical vehicles, including armoured vehicles for the armed forces, the police, emergency medical care centres and the special forces, among other clients.
The investment is worth BGN 5 million. Production will start in 2026, and its scale will increase gradually depending on the contracts signed.
The building of such a plant in Bulgaria is a strategic step of national and European significance, the Ministry of Economy and Industry said. It is the second investment by International Armoured Group Bulgaria (IAG BG) on land owned by NCIZ.
IAG BG is the local subsidiary of IAG, an international manufacturer of military and special-purpose vehicles, which is among the world leaders in the production of fully armoured vehicles. The company supplies special-purpose vehicles to the United Nations and NATO and has manufacturing facilities around the world, the ministry said.
/RY/
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