Arab Companies Show Investment Interest in Bulgaria
Pomorie, on the Black Sea, October 22 (BTA) - "A number of Arab companies show investment interest in Bulgaria. The visa problem is an obstacle to the flow of substantial investments into this country," said Bulgarian-Arab Business Association Chairman Ziad El Masri. He is taking part in the Second International Investment Forum "The New Economy of Bulgaria - The Way to the East," which is taking place here between October 22 and 24.
El Masri specified that the Arab companies are interested in projects related to seaside tourism in Bulgaria, livestock breeding, etc. He said that more than 7,000 Kuwaiti tourists visited the Bulgarian seaside during the past year. Of them, nearly 3,800 were newcomers to this holiday destination. El Masri told the forum that more than 19 Bulgarian companies are supplying workforce for infrastructure construction in Qatar, which prepares to host the 2022 FIFA World Cup.