Bulgaria 2007 FDI seen at EUR 5.5 bln

17.10.2007 Source: Dnevnik

Bulgaria achieved impressive Foreign Direct Investment (FDI) influx ratio in terms of GDP in 2004-2006, jumping to no.7 in the UNDP global rankings from 92nd in 1990-1992, shows the World Investment Report which focuses on FDI trends worldwide. Bulgaria, Russia, Romania, Kazakhstan and Ukraine have absorbed 82% of FDI flows to Central and Eastern Europe. InvestBulgaria Agency, the local investment promotion authority, has forecast 2007 FDI at EUR 5.5 bln. The Bulgarian central bank recorded an FDI tally of EUR 3.4 bln in Jan-Aug.