New Chinese Investments in Southern Bulgaria

Bulgaria has great chances to become a tourist destination on the new Silk Road, which draws the Chinese initiative “One Belt, One Time” this is what Irina Beleva, General Consul of Bulgaria in Shanghai (2011-2015), co-founder and senior advisor to the Bulgarian-Chinese Business Development Association, comments.

According to Beleva, reasons for such a conclusion give some important facts in Bulgaria-China relations in recent months. These are: the choice for a concessionaire at a Plovdiv airport consortium led by the Chinese investor HNA Group, the forthcoming meeting in Sofia at the Seventh Meeting of the Heads of State and Government of the countries of Central and Eastern Europe and China under the initiative “16 + 1” / 16 the countries of Central and Eastern Europe + China and the opening of the first logistic hub and pavilion in the Thrace economic zone.

It is in the industrial zone near Plovdiv that the first joint office of the Shenzhen Cross-Border E-Commerce Association and “16 + 1” will be launched. The logistics center will be for e-commerce with agricultural and other products, said Yowka Yaneva from the Center for the Promotion of Agricultural Cooperation. “So we will have the first online platform China - Central and Eastern Europe,” Yaneva said.