Trakia Economic Zone will become into an eco-industrial park

Trakia Economic Zone will become into an eco-industrial park

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Name: Nikoleta Rilska 

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Very soon we will announce the transformation of “Trakia Economic Zone” into an eco-industrial park. The idea is not new, we have been working on it for a year now – in cooperation with the UN industry organization. This was announced by Plamen Panchev, executive director of “Trakia Economic Zone”, in the show “Business Start” hosted by Hristo Nikolov.

“The law on industrial parks, adopted by the government a few days ago, will encourage the creation of eco-industrial parks”, he explained.

Panchev expressed expectations that the change will attract investors who rely on environmental principles in their future industrial development. It became clear from the conversation that the Green Deal and green policies in Europe are also the engine behind this transformation.

According to the guest, in addition to European investors, the measures are aimed at attracting Bulgarian investors, especially from small and medium-sized businesses.

Panchev pointed out that the Trakia Economic Zone is already negotiating with a Swedish organization, in which several companies with extremely high-tech productions with high added value are participating. He noted that our country can take advantage of the desire to reduce supply chains after the pandemic, but the process will not be fast, as many of the investment decisions for the next 2-3 years have already been made.

Regarding the draft law on industrial parks of the government, Panchev pointed out that the aim is to attract the maximum number of investors in industrial parks.

“The state will help speed up the procedures for creating new industrial parks. The law will find opportunities for extensions and existing ones”.

“The main incentives in this direction are to shorten the procedures, to enable municipalities to support such projects, including by reducing local taxes”, Panchev added.