USD 800 M of Japan Investments in Bulgaria in 17 Years

by Sofia News Agency www.novinite.com
Japan has invested around USD 800 M in Bulgaria after the start of the transition from communism in 1990, the Japanese Ambassador to the country Kuichiro Fukui said on Thursday. The money was mostly allocated for strengthening of the democracy and the development of the Bulgarian market economy, he added. Japanese investments in Bulgaria are insignificant compared to investment in the other Eastern European countries. In the past four years there is a significant revival of the bilateral relations and the three big Japanese projects in the country prove that, Fukui said. Those are the Tokuda hospital, the wind power plant park on Cape Kaliakra and the recently purchased land near Yambol, where a Japanese company plans to build a factory for car parts.

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