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BULGARIA SHOULD ATTRACT INVESTMENT IN THREE SECTORS
01:00 Thu 08 Dec 2005
 
Bulgaria should develop a marketing strategy in three prioritised sectors, according to analysis by Deloitte Bulgaria concerning Bulgaria's business climate. The Economy Ministry presented the document on Wednesday. According to the report, 18 Bulgarian economy branches have potential for further development. The government should focus its efforts on attracting investors in the spheres of information and communication technologies, outsourcing, machine production and electronics, mediapool.bg reported. Programmes for these spheres should be created, including investment instruments for each sector, Deloitte experts recommended. According to the report, direct foreign investment in Bulgaria will increase, but the exact figures cannot be estimated yet. Romania and Croatia were among Bulgaria's competitors in the region to attract foreign investment, experts said.
Economy Minister Roumen Ovcharov said that the ministry would analyse the economic sectors mentioned in the Deloitte report and would select the most suitable investment strategies. The sectors would be developed either with budget financial resources, European funds or public-private partnership, Ovcharov said.
 
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