Minister of Economy and Industry Dr. Petko Nikolov held a meeting with the Mayor of Vidin Municipality Dr. Tsvetan Tsenkov. During the talks, the possibilities for the development of the region through attracting investments were discussed, as well as the development of the Vidin Industrial Park, owned by the National Company of Industrial Zones (NCIZ) EAD. The development of the infrastructure and transport links with the rest of the country, mainly related to the completion of the highway to Sofia, was mentioned as a prerequisite for this.
“We will work for the development of Vidin Industrial Park”, Minister Nikolov was adamant. He specified that everything will be done to attract large investors to the region.
The Minister of Economy and the Mayor of the Municipality visited the industrial park in Vidin. Since the beginning of the year, 3 companies have shown interest in the park.
NCIZ has an approved project proposal for the energy renovation of the Administration Building, Hall 4 and Hall 5, on the territory of Vidin Industrial Park. Energy saving measures will be implemented to ensure energy savings and financial resources under the National Recovery and Sustainability Plan. The estimated budget is BGN 2.8 million, of which self-financing is 55%. A contract is expected to be signed in the coming months to provide the funds to the final beneficiaries of the Recovery and Sustainability Facility. The implementation period is 24 months.
The development and renovation of the park is also set out in the Concept for the Development of Industrial Parks and Zones 2024-2028 of the NCIP, adopted this year, and in the Business Program of the national company. Among the top priorities is optimising the park’s operations and attracting key investors for the region.