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The Parliament adopted the Industrial Parks Draft Act at first reading
02/12/2020
The Parliament adopted the Industrial Parks Draft Act at first reading with 79 votes “in favour”, 0 “against”, and 24 “abstained”.

The draft act regulates the status of the industrial parks, the conditions and the procedures for their creation, construction, operation and development.
The territory of the park is defined as a regulated territory with a certain construction, and the structure of the territory of the park is defined by a detailed development plan. The technical infrastructure networks are closed and serve only activities carried out on the territory of the park. The area of an industrial park is not less than 300 decares, except where it specializes in high-tech activities.

The draft act divides the industrial parks according to two criteria – ownership and activities for which the park is intended. According to the first criterion, the park can be a state, а municipal, а joint (between the state and/or one or more municipalities) or а private one. According to the second criterion, the park can be of three types, depending on the production activities. A requirement is introduced for the Bulgarian Investment Agency to maintain an electronic register of the industrial parks.
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