Bulgaria Enjoys Mounting Interest from Foreign Investors

Business | June 24, 2003, Tuesday // 00:00

Bulgaria enjoys increased foreign investments interest according to the director of the Bulgarian Foreign Investments Agency Pavel Ezekiev.

He said that the foreign investments to Bulgaria over the first three months of 2003 total USD 181.5 M, which is up by 43.7 percent over the same period last year.

Investments in Bulgaria's finance, services, transport and telecommunication sectors take up the major part of the foreign investments in the country.

Bulgaria should stimulate investments in the sectors of tourism, high technologies and energy in order to be competitive on the world market, Ezekiev added.

Bulgarian Foreign Investments Agency projects the amount of foreign investments to Bulgaria to tower to EUR 500 M by the end of 2003.
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