The Regional Administration Varna, Dobrich, Shumen, Razgrad and Ruse, Municipality Shumen, Ruse and Dobrich supported the project „Bulgarian Logistics Corridor (Asia-Port Varna-Central Europe) – EU Gateway” of NPA “Black Sea Economic Zone Cluster“
The “Black Sea Economic Zone Cluster” (BSEZC) is an innovative industrial project in Bulgaria with an area of 6 700 000 m2 for attracting large investments (FDI) in the Black Sea Economic Zone (CEZ), North-East and North-Central regions of Bulgaria.
The BSEZC consists of 5 industrial parks (2 active and 3 in a project). The project has become interesting for more than 5 international investors from Saudi Arabia, Qatar and Asia. The BSEZC offers the investors a rich portfolio of services – from the construction of industrial sites to the overall management of investment projects.
Project Mission:”During the realization of the project “Bulgarian Logistics Corridor (Asia-Port Varna-Central Europe) – EU Gateway” or EGP project is planned to redirect through Bulgaria a large part of the existing and future international trade flows from Asia and the Middle East to Central and Eastern Europe in a volume of over $ 300 billion in one year. Experts estimate that at least 3-4% of these flows will be transformed with the construction of the Re-export Hub in the region of Varna.
The estimated additional revenue to the GDP amount to 3.9 billion dollars and to the national budget it will amount to 410 million dollars in the form of taxes, which will result in developing the export and re-export activities. In addition, the project will improve the competitive position of Bulgarian companies by reducing logistics costs by 10% and by opening 48,000 jobs.”
ENG. PH.D. DOYCHIN NIKOV, PRESIDENT ``BLACK SEA ECONOMIC ZONE CLUSTER``
SUPPORT PROPOSED BY DISTRICTS AND MUNICIPALITIES
PROJECTS UNDER IMPLEMENTATION
BLACK SEA ECONOMIC ZONE CLUSTER – model for public-private partnership