We encourage investments in high-tech industries – 2024-06-13 15:59:06

by times news cr

2024-06-13 15:59:06

Amongst our main priorities are the preservation of financial and monetary stability within the nation and the continuation of actions associated to Bulgaria’s accession to Schengen, the Eurozone and the OECD. This was mentioned by the Performing Minister of Financial system and Trade, Dr. Petko Nikolov, through the Eighth Annual Assembly of the Bulgarian Discussion board of Enterprise Leaders (BFBL) with ambassadors, which is held beneath the patronage of the Ministry of International Affairs and in partnership with representatives of the diplomatic corps in us, the division’s press heart introduced.

“The Covid pandemic and army conflicts have proven Europe that financial safety is just not a given, that we should be united so as to have the ability to assure the sustainable financial improvement of nations,” he mentioned in his speech to the discussion board.

Minister Nikolov emphasised that infrastructure connectivity, the vitality sector, digitization and the IT sector are key for the event of the entire of Europe, and investments in infrastructure, inexperienced connectivity and industrial zones are key for the area. “During the last decade, our nation has been growing at a dynamic tempo and represents an necessary a part of the general enterprise ecosystem inside the European Union,” mentioned the Minister of Financial system. He was categorical that the event of our financial system is carefully linked to the primary horizontal priorities of the European Union for accelerated digitization and integration of round financial system fashions. “Bulgaria is steadily following the pattern of digitalization of enterprise processes and has demonstrated progress in lots of respects,” added the Minister of Financial system.

“Our coverage is aimed toward stimulating investments in high-tech manufacturing, the market implementation of improvements and the introduction of recent applied sciences, each in manufacturing processes and within the creation of recent services, to construct a aggressive, resource-efficient low-carbon business.” the financial system minister additionally identified. He assured that efforts are being made to create a good institutional surroundings for enterprise operations, together with via the creation of an industrial ecosystem of commercial parks throughout the nation, via the development of ready industrial grounds and the creation of situations for the event of analysis and improvement actions.

Nikolov was categorical that no matter objectives we set for ourselves within the financial or technological side, we can not obtain them with out growing the human potential. “Human useful resource improvement is a long-term resolution and the primary challenges going through companies are associated to this,” he added.

The Minister of Financial system additionally emphasised that particular consideration is paid each to the regional dimension for the uniform improvement of all areas of the nation, and to the sectoral dimension to draw investments in actions with excessive added worth. In keeping with him, Europe has all of the conditions to grow to be one of many leaders within the high-tech sectors, and Bulgaria and the mechatronics, electronics and microelectronics sectors can play an necessary function on this course of.

Nikolov assured that corporations, no matter whether or not they’re Bulgarian or overseas, can rely on institutional help from the Ministry of Financial system and Trade.

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