The Cabinet will table a proposal to approve the opening of a private polytechnic in the town of Pernik, Bulgarian-language media Dnevnik said on February 24 2010.

The project had reportedly already been approved by the National Evaluation and Accreditation Agency (NEAA).

In January 2010, Prime Minister Boiko Borissov already announced that the plans had the full support of the Cabinet.
The initiative was also supported by Bulgarian President Georgi Purvanov, Dnevnik said.

The manager of the project, Mihail Konstantinov, had said that more than 200 lecturers had already agreed to work for the university, whose teaching staff was to include 30 foreign lecturers.

The university was to offer full-time training in informatics and computer science, communication and computer engineering, architecture, construction and geodesy. 

The programme would include undergraduate majors, masters and doctoral courses. 

Training would be in Bulgarian and English. 

For the academic year 2010/2011, the school will accept 330 students and 15 graduate students. It was envisaged that in five years, the university would have 1800 undergraduate and graduate students.

The project's investor was Investek, wholly owned by Millennia Ltd, which in turn, was owned by the Europa Investor Inc, registered in the Virgin Islands, Dnevnik said.

The total investment was said to be worth 20 million leva.

A Cabinet meeting on February 24 was expected to propose the closure of the private telematics college in Stara Zagora because of poor assessments by the NEAA. Students from the college would be able to continue their study in the same or similar specialisations in technical colleges in Bourgas, Lovich or Smolyan as well as technical colleges in Dobrich and Sofia, or private universities, Dnevnik said.