Bulgarian Government to Launch State Land Office
The cabinet of Bulgarian PM Plamen Oresharski has reintroduced the idea to open an agency managing the distribution, usage and cultivation of state owned land.
The government's project to form a new institution to operate land purchases, sales and leases, aims to enhance the state lands' effective usage and cultivation, the Bulgarian newspaper Kapital daily reported.
At the moment 40% of state-owned lands in Bulgaria are rented, 10% are granted to academic institutions, while the rest 50% stay desolate and unused.
The idea for a state structure to manage state lands has been launched for the first time during the term of former PM Simeon Saxe-Coburg, 2001-2005.
Later on, the liberal Movement for Rights and Freedoms and the Bulgarian Socialists Party, who elected the current Oresharski cabinet re-launched the project.
- » Bulgarian Renewable Energy Firms to Be Refunded over Grid Access Fee
- » Bulgarian Watchdog Hints at Power Price Cut in February-March 2014
- » Bulgaria's Govt to Review 7 Ski Tourism Development Projects
- » Bulgaria’s 2012 GDP per Capita Ranks Last in EU
- » Bugaria's Constitutional Court to Review Renewable Energy Fee
- » Westinghouse Set to Boost Bulgaria's Growth - CEO