South Korea Company Builds USD 20 M Industrial Park in Bulgaria

Business » INDUSTRY | May 12, 2009, Tuesday // 18:14
South Korea Builds USD 20 M Industrial Park in Bulgaria: South Korea Company Builds USD 20 M Industrial Park in Bulgaria Photo by chevroncars.com

South Korean Choice Consortium will build a USD 20 M industrial park near the Bulgarian city of Pernik.

The contract was signed Tuesday by Pernik mayor, Rositza Yanakieva, and Choice's representative, Chon Park.

The aim of the industrial park is to attract investments, lower unemployment rate, and keep young professionals in the city.

The Korean Consortium chose Pernik because of the perfect geographical location and infrastructure.

The construction of the park will take nearly ten years, and a total of 13 Korean companies have showed interest in investing in the project.

 

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Tags: Pernik, South Korea

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