Investments in the Burgas Industrial Area exceed BGN 50 million, with already 80% of the land occupied. This was announced by the Deputy Minister of Economy Alexander Manolev during a business forum in the seaside.

The Industrial Zone in Burgas is managed by a joint venture between the municipality and the National Industrial Zone, which is under the Ministry of Economy. It covers an area of 238 decares on the beach. The proposed plots for development of production and services are from 2 to 30 decares. “According to the statistics we have, under the Investment Promotion Act in the past few years 5 projects at a total value of almost BGN 140 million have been implemented or are being developed in zone, revealing more than 400 new jobs”, Manolev said.

Burgas region is among the leaders in the European funds, said Deputy Minister of Economy. According to him, the value of the amounts paid to the beneficiaries under the Operational Programs in the area reached nearly BGN 900 million, or BGN 1434  per person. "The business is also actively looking for opportunities to modernize its production capacities through the European grant, with over BGN 24 million under the Operational Program" Innovation and Competitiveness ", concluded Manolev on the territory of the region.