Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgarian Construction Firms Invited to Join Algeria's Impressive Devt Program
BULGARIAN CONSTRUCTION FIRMS INVITED TO JOIN ALGERIA'S IMPRESSIVE DEVT PROGRAM
Date: 24/03/2011
Source: novnite.com
Bulgarian Construction Firms Invited to Join Algeria's Impressive Devt Program

Algeria's Ambassador to Bulgaria Ahmed Boutache has invited Bulgarian construction entrepreneurs to seek opportunities to participate in massive projects in his country.

His Excellency met Thursday with the chair of the Confederation of Employers and Industrialists in Bulgaria (CEIBG) Ognyan Donev and CEIBG executive director Evgeniy Ivanov.

Ambassador Boutache has invited CEIBG, one of the major business associations in Bulgaria, to participate in the Program for Reconstruction and Development of Algeria, which provides for USD 286 B in construction and infrastructure investments for 2010-2014.

On 24 May 2010, the Algerian government approved on a USD 286 B five-year investment plan that aims to boost infrastructure as well as diversify the country's economy away from oil dependency. Algeria launched a similar five-year plan for 2005-2009 to build infrastructure including a 1200-km long highway, water desalination plants and thousands of state-subsidized housing units.

The 2010-2014 development program provides for the construction of 1.2 million apartments.

Algeria's Ambassador Boutache has already discussed the participation of Bulgarian companies in the construction with the Bulgarian Construction Chamber, which itself is a collective member of the CEIBG.

His Excellency has also invited CEIBG to take part in a construction expo in Algeria at the end of 2011, and to participate with a business delegation in the visit of Bulgarian Foreign Minister Nikolay Mladenov to Algeria expected to take place in the upcoming months.


Topic: Business



Featured District
VARNA DISTRICT AND CITY INFORMATIONVarna
Invest Bulgaria Charts
Foreign Liabilities of Bulgaria
Foreign Liabilities of Bulgaria

Net Domestic Assets of Bulgaria
Net Domestic Assets of Bulgaria

See all charts
Did You Know?
Bulgarian Weddings
Bulgarian Weddings
In Bulgaria, wedding bands on worn on the right hand, not the left as in the West. ... More

Only 116 km away from Sofia, at an altitude of 370 m - the town of Vratza is one of the most picturesque cities in Bulgaria. Nestling in the foothills of

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members