PM Borissov, Chinese Businesses Discuss Investment Opportunities in Bulgaria
Thursday, 12 January 2017
Prime Minister Boyko Borissov Wednesday met with representatives of Chinese big businesses, who are in Bulgaria to look into investment opportunities, the government information service said.
Management representatives of Alibaba Group, GS-Solar Company and GoldPoly Group, accompanied by Dimiter Abadjiev, Bulgaria's Consul General in Shanghai until now, participated in the meeting. Deputy Prime Minister Tomislav Donchev attended it.
The Chinese investors noted that their interest in Bulgaria stemmed from the good relations established between Borissov and China's President Xi Jinping and Prime Minister Li Keqiang. The sides concurred that bilateral business contacts were stepped up in recent years due to Bulgaria's top-level participation in the 16+1 initiative, economic forums and opportunities for business representatives to discuss specific projects.
Alibaba Group, the e-commerce company, is considering setting up a logistics centre servicing the whole of Europe. The project includes offering Bulgarian foods and other products. GS-Solar Company, the solar panel manufacturer, is planning to open a plant in Bulgaria, and GoldPoly Group is showing interest in purchasing Bulgarian tobacco.