Банкеръ Weekly

Briefs

ITALIANS TO INVEST EUR200MN IN A BUSINESS PARK

When the implementation of a project worth EUR200MN will begin depends on the Ministry of Defence. The ministry is still to confirm its opinion on the replacement of 1,000 dka near the military establishment in Bozhurishte by 100 flats in Sofia and Plovdiv totally worth BGN10MN. The project will be implemented by Italian companies including the Finanziaria Internazionale investment bank. The plans include the building of Bulgaria's first intelligent industrial park. It will be located near key international highways and will thus attract and facilitate potential users. According to the investors, the park will be intelligent as it will provide the tenants with a well equipped light industry and information technologies production base and an internal logistics network to and from the country.An investment like that is an example for the interest of Italian companies in exporting their production to Southeast Europe, Finanziaria Internazionale Managing Director and Executive Director of the Sofia Industrial Park company Andrea de Vido said.

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