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Korea to invest in renewable energy in Bulgaria

Article published from Darik Radio on 2010-11-16 12:04:00
Category: Business in Bulgaria

Korean companies are preparing to invest in Bulgaria`s energy sector, including in renewable energy, South Korea`s Ambassador to Bulgaria Chun Bi-ho, said in a public lecture in Sofia.

His Excellency did not reveal details but said a large Korean company wanted to acquire a Bulgarian energy firm, which is to be privatized. In addition, another company from South Korea has interest in taking part in the modernization of Bulgaria`s electricity network. At the same time, there is also interest on part of Korean construction and engineering firms considering Bulgarian infrastructure projects.

The South Korean Ambassador to Sofia pointed out that representatives of 15 Korean tourism companies came to Bulgaria in August 2010, as part of what was described at the time as an "unprecedented" business delegation, to study opportunities in Bulgaria for tour operators.
Source of the article Darik Radio
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