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A legal framework to attract industrial investment and develop industrial ecosystems

A legal framework to attract industrial investment and develop industrial ecosystems
Copyright: Bulgarian government

The objective of the reform is to create favourable conditions for entrepreneurs, investors and research institutions in industrial parks by establishing a framework for the development of industrial ecosystems.

The Industrial Parks Act, which entered into force on 16 March 2021, regulates possible state support and incentives to attract investment in industrial parks, introduces the possibility for owners of industrial parks to use a simplified regime for using administrative services during the construction and development of the park and provides owners and investors with the opportunity to receive support under the terms and conditions of the Investment Promotion Act.

The implementation of this reform has been completed.

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