Bulgarian Property
Property Services
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Foreign Direct Investment Bulgaria
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07.02.2008
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Large Foreign Direct Investments in Bulgaria
CONFIDENCE appears to have risen in Bulgarian and Romanian markets since their accession to the EU, with each country seeing growth in a number of key economic areas.
Data from Bulgaria's National Statistics Office reveals that it attracted record foreign direct investment (FDI) in Bulgaria of €4.1 billion in 2006 (up from €3.1 billion in 2005). It is expecting a 10% rise in FDI this year. Construction, the main driver of its €47.4 billion GDP in the first half of 2007, posted a year-on-year growth of 31.6% through June 2007.
Foreign direct investment in Bulgaria
Bulgaria have seen foreign investment from a number of different countries, with developers from Iceland, Czech Republic, Holland, Slovenia, Israel, UK, US, Poland, Australia, and Dubai all investing in residential and retail projects.
Source: OPP Magazine
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