AttractInvestBG: Industrial Park Targovishte

With close to EUR 99 million, the Recovery and Resilience Facility supports a grant scheme for the provision of infrastructure in industrial parks.

The project for the creation of "Industrial Park-Targovishte", funded with BGN 27.7 million from the Recovery and Resilience Facility, will help attract new investors to carry out economic activity and create new jobs.

It will invest in the rehabilitation and construction of energy-supplying infrastructure, with which to provide the necessary amount of energy for the Park.

Reconstruction and expansion of the internal technical infrastructure, is planned, including the internal road network, gas pipeline network, water supply network and sewage system.

The construction of waste water treatment plants, part of the internal sewage networks, is also planned.

As part of the rehabilitation, the power grid, street lighting and optical cable routes are also included. In support of the green transition, the construction of fast charging stations for electric vehicles is also planned, which not only meets the environmental and energy goals, but also creates prerequisites for innovation, growth and attracting investments in modern and sustainable technologies.

To date, five potential investors, including one strategic one, have expressed interest in renting space in "Industrial Park Targovishte". This testifies to the active interest of investors, which is expected to contribute to the creation of 46 new jobs within the park.

The creation of favorable conditions in the "Targovishte Industrial Park" will contribute to the formation of an industrial center attractive for enterprises and investors, which will ultimately support the economic development of the region and the country.

The project is expected to be completed by 30 June 2026.

Additional links:

Reference: C3.I1
Project locations: Targovishte, Bulgaria

EU contribution: €99 000 000