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BULGARIA PRESENTS ATTRACTIVE IT INVESTMENT OPPORTUNITIES
09:00 Wed 26 Apr 2006
 

Southeastern Europe is the most attractive destination for investment in the IT sector.

Bulgaria, Croatia, Romania and Slovenia offer best opportunities, Dnevnik newspaper reported. A neoIT report analyses each of the four markets and their readiness to become offshore zones.

Five evaluation criteria are used among which financial opportunities, maturity of the business sector, labour force, infrastructure and catalysts.

Slovenia appears to be most ready to become offshore zone, due to its excellent infrastructure and developed business sector. Romania ranks second. Bulgaria received the third place.

This is the second research in the last couple of months, in which Bulgaria is listed as an attractive outsourcing destination.

Cheap and qualified labour force, low taxes and office rents feature among the benefits investors can find in Bulgaria. Bulgaria is the second biggest labour force market in the region and the number of university graduates is bigger than in Croatia and Slovenia.

Some of the disadvantages the report lists include the small and immature local IT industry and the lack of proper infrastructure.

 
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