Bulgarian government will increase state aid for investors in high tech regions or region with high unemployment rate.

The main purpose is to focus interests on production activities and alternative energy sources, Deputy Economy and Energy Minister Anna Yaneva said as quoted by Dnevnik daily.

Bulgaria supports mainly projects worth more than 40 million leva. Amendments in investment encouragement laws will decrease the amount to 13 million leva.

Law changes envision end of state support for tourism and trade investors.

Until now investors were divided into three groups based on the amount invested. Amendments will divide investors in two groups, simplifying procedures.

In case projects target regions with high unemployment rate investors will more easily receive first class investment certificate.

High tech investment projects worth more than 35 million leva will get the same certification, Yaneva said.