Minister Angelkova before the leadership of the US Centre for European Policy Analysis: We are working actively to attract investments

Bulgaria’s government, partnering with the private sector, is taking active steps to promote the Bulgaria investment opportunities in the US, highlighting the country’s geographic location and economic benefits. This was stated by Minister of Tourism, Nikolina Angelkova, during a Washington work meeting with Peter Doran and Réka Szemerkényi, President and Vice President of the US Centre for European Policy Analysis (CEPA). The minister clarified that Bulgaria has a 10% corporate tax, which goes hand in hand with a skilled labour force and low operating costs. Furthermore, there are specific investment support measures and incentives, via the respective legislation.

In line with promotion of investments in the sector, the Ministry of Tourism elaborated an investment map. It covers 32 projects countrywide, which aim to make it easy for the businesses and for investors to target promising endeavours.

One crucial prerequisite for tourism to develop well is staff, we are therefore cooperating with the academia in staff training projects, commented Minister Angelkova, adding that the education of children is a priority for Bulgaria’s government. 

The Centre leaders, Peter Doran and Réka Szemerkényi, commented in turn that they know Bulgaria as a tourism destination, further indicating their awareness of the advertising to promote the country in the US and evaluating positively our promotion initiatives.