ABOUT US - Black Sea Economic Zone Cluster” (BSEZC)

ABOUT US - Black Sea Economic Zone Cluster” (BSEZC) 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.

For Black Sea Economic Zone Cluster (BSEZC)

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 4 industrial parks (1 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.

What are the main goals of BSEZC?

To attract large-scale investments (FDI) in the Black Sea Economic Zone (CEEC), Northeastern and North Central regions of Bulgaria by implementing new infrastructure projects under “hard” measures such as the “Bulgarian Logistics Corridor (Asia-Port Varna-Central Europe) – EU Gateway” and other projects of the CEEC in order 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 for one year. According to estimates and analyzes, at least 3-4% of these streams will be transformed into the construction of 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”

Why choose the BSEZC?

The BSEZC offers the investors a rich portfolio of services: to the overall management of investment projects:
✔️ construction of industrial sites;
✔️ industrial areas with land for production development;
✔️ Infrastructure projects with ROI above 10% with opportunities for investing in the Black Sea Economic Zone, Northeastern and North Central regions of Bulgaria with the full support on a state level (on behalf of the District Administrations of Varna, Dobrich, Targovishte, Shumen and Razgrad);
✔️ and full management of investment projects.

BSEZC ESTABLISHERS

Main establishes of Black Sea Economic Zone Cluster

District Administration of Varna

 

Varna district is located in North-east Bulgaria. It consists of 12 municipalities with 158 settlements and a population of about 460 000 inhabitants. Among the most important municipalities is Varna, with the economic and managerial activity of the region, as well as Devnya, Aksakovo, Provadia, Suvorovo, Valchi Dol. Main branch of Varna district is industry. Leading place is machine-building, with major directions – shipbuilding and chemical industry.
Three pan-European transport corridors: No 7 (Danube waterway), No 8 (Durres – Skopje – Sofia – Burgas – Varna) and No 9 Helsinki – Kiev – Ruse – Alexandropolis cross the territory of the North-East region. A communication and transport network linking the area with other parts of the country passes through the district. The completion of the Hemus highway, which is the direct connection of the Sofia area, is forthcoming.
District Administration of Varna has been a partner in many European projects (RECONECT and others), INTERREG EUROPE (LAND-SEA, iOLF) and others.

``Future for Varna`` NPA

The main activity of the “Future for Varna” National Association for public benefit is related to the development of infrastructure projects under “hard” measures for economic prosperity of the city of Varna and the region, generation of new jobs and attraction of significant FDIs.
Experts of the association are authors and participate in the development of a number of important infrastructure projects from 2013 to 2017, such as the project “Bulgarian Logistics Corridor (Asia-Port Varna-Central Europe) – EU Gateway”, “Second Asparuhov Bridge on Two Levels” “European Expo Center Varna – Ferryboat Complex & Logistic Hub”, and others.

Technical University of Varna

The Technical University of Varna is the second largest national technical university in Bulgaria, teaching over 7000 students, over 200 foreign students, and over 200 Bulgarian and foreign PhD students in 35 majors and over 50 master programs in compliance with the European Credit Transfer System (ECTS).
Technical University of Varna participates in numerous international scientific researches, has expertise of 360 highly qualified lecturers, scientists, specialists and has gained experience in participation in more than 20 H2020 and Erasmus projects (DYNAMIC, EUTEMPE-RX, FRESH, MAXIMA, PEPLASER, PHASETOMO, etc. (DYNAMIC, EUTEMPE-RX, FRESH, MaXIMA, PEPLASER, PHASETOMO, RE*CAME, REGGAE, TARGETBINDER, UP-GRADE BS-SCENE) , RE * CAME, REGGAE, TARGETBINDER, UP-GRADE BS-SCENE) and others.

Remtechnology Ltd. (REMTECHSTROY GROUP)

REMTECHSTROY GROUP is a consortium of EC engineering companies from Europe and Bulgaria with a rich portfolio of services – from the construction of finished industrial projects to the overall management of investment projects.
The consortium serves a wide range of industrial companies in the energy, heavy mining, mining, chemical, rail, transport, machine building, shipbuilding and ship repair industries.
The high quality of the complex industrial repairs and construction is the main motivation for the selection of the REMTECHSTROY GROUP Consortium as a strict and reliable partner by famous companies such as Devnya cement AD – Italcementi Group, National Railway Infrastructure Company, the Bulgarian Railways EAD, “IR” National Railway Company India, RZD National Railway Company Russia, Austrian Federal Railways ÖBB, Turkish State Railways (TCDD), Port – Varna, and other companies.

PROJECT MANAGEMENT & INVEST LLC, Qatar

PROJECT MANAGEMENT & INVEST LLC, is an investment company with a representative Qatar-Doha office.
The company has a rich portfolio of services – offering investment credits for large projects up to the overall management of investment projects.
Its clients are large-scale construction companies from Qatar and Dubai, international project management companies with significant experience in the implementation and construction of major infrastructure projects in Europe, Qatar and Dubai, private investors and well-known investment funds from Saudi Arabia, Qatar and Dubai.

Some people want to do it, others dream of doing it, and others just do it.

Michael Jordan

Main objectives of the Black Sea Economic Cluster

Objective 1

Provides assistance to investors and is involved in attracting large-scale FDI

Provides assistance and activities for attracting investments, investors, branch organizations, business structures, chambers of commerce and other strategic partners from Bulgaria and abroad, planning and organizing joint meetings with state and local authorities, citizens, and other organizations and institutions for the development of the economy in Bulgaria, on the territory of the Varna District and the City of Varna, in the entire North-East, North Central and South-Eastern Regions of planning in Bulgaria.

Objective 2

Provides support and is engaged in organizing investment forums and symposium

Provides support and is engaged in organizing investment forums and symposia, development of national strategies, public promotion, improvement, coordination with European directives and development of national and regional investment projects with direct GDP / Gross Domestic Product / of the Republic of Bulgaria through the implementation of “hard” measures and programs.

Objective 3

Coordinates, plans, promotes, develops and implements economic strategies, analyzes and projects

Provides assistance and performs activities in coordination, planning, popularization, development and implementation of economic strategies, analyzes, implementation of state, international, European or other projects and Operational Programs, such as: “Transport”, “Regions in Growth” , “Competitiveness”, “Cross-border Cooperation” and other programs for the development of the economy in Bulgaria, on the territory of Varna district and Varna, as well as the whole North-East, North Central and South-Eastern regions of planning in Bulgaria.

Objective 4

Provides assistance and activities in organizing financial, economic, scientific and other investment forums

Provides assistance and activities in the organization of financial, economic, scientific and other investment forums, conferences, meetings, symposia, improvement and development of national and European transport strategies, in finding solutions to strategic problems related to the economy as well as mainly in transport – traffic, congestion, reorganization of land, maritime transport network, engineering infrastructure, overcoming access restrictions and impossibility of ship processing, reorganization, modeling sation and design of ports, transport and logistics infrastructure in the EU territory of Varna and Varna, and the entire North East, North Central and Eastern planning in Bulgaria.

Objective 5

Provides assistance to municipalities and subdistricts to attract foreign investors and FDI

Provides assistance to municipalities and suburbs to attract foreign investors, branch organizations and other partners from Bulgaria and abroad to organize, develop and implement joint economic strategies, analyzes, projects, coordination or joint participation in the implementation of state, international, European projects or participations in OP / Operational Programs /, other forms of joint participation as PPP / Public Private Partnerships / in order to develop the economy and business in Bulgaria, the territory of Varna and Varna, aka the entire North East, North Central and Eastern planning in Bulgaria.

Objective 6

Creation of new industrial and logistic areas

Assisting investors to develop industrial and logistics areas meeting the latest world standards, as well as implementing successful models for building and operating of such areas.

Portfolio of activities carried out by the BSEZC:

ATTRACTION OF FOREIGN INVESTORs
0%
DEVELOPMENT OF THE REGION EXPORT PROFILE
0%
INCREASE THE PRODUCTION IN THE REGION
0%
COLLECTS, DEVELOPS, COORDINATES, OFFERS FOR STATE AND EU FUNDING AND IMPLEMENTS PROJECTS, ANALYCES AND PROGRAMS FOR DEVELOPMENT
0%
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