PPP with Thrace Economic zone (TEZ) for developing of industrial zones and finding new investors

A memorandum of cooperation was signed on January 10, 2020 by the mayor of Gabrovo and the chairman of the "Thrace Economic Zone" . Thus, the region around Gabrovo is included in the territorial scope of "Thrace Economic Zone" / TEZ /. According to the signed document, the countries will work to achieve strategic goals: attracting large investors in Gabrovo; creation of modern business infrastructure on the territory of the existing industrial zones, as well as construction of new industrial zones; assistance for the development of high-tech companies; creating an environment conducive to innovation; supporting the development of General Development Plans, providing for infrastructural development of industrial zones; assistance for the development of high-tech companies; providing staff for the needs of the industry through the implementation of joint projects in the field of higher and secondary vocational education, and early career guidance; promotion of the region and internationalization.
Gabrovo Municipality and TEZ work together to support Bulgarian and foreign investors, attract funds for analysis, research and design, active participation in interdepartmental working groups, domestic and international economic forums. The partners will also focus their efforts on creating a mechanism to prevent unfair competition between the individual regions in attracting investors and creating opportunities for real and informed choices in locating the place of investment.