The Memorandum of Cooperation establishes a framework for developing economic relations and business partnerships between Bulgaria and Greece
Invest Sofia and the Bulgarian-Hellenic Chamber of Commerce and Industry (BHCCI) signed a Memorandum of Cooperation aimed at promoting investment, strengthening bilateral economic relations and expanding opportunities for partnerships between companies in Bulgaria and Greece.
The agreement was signed during the international forum “Vertical Corridor: Prospects for Transport Development in the Balkan Peninsula. The Role of Bulgaria, Greece and Romania”, held on 6 November at Sofia Balkan Hotel. Invest Sofia was represented by Dr. Lyudmil Ivanov, Senior Expert in the Investment Analysis Department.
The new partnership expands the Agency’s international network and creates opportunities for more active exchange of business information, establishing connections between companies and identifying investment opportunities.
The development of transport connectivity between Bulgaria, Greece and Romania is strategically important for Sofia’s investment competitiveness. Access to regional markets, efficient logistics connections and reliable infrastructure are among the key factors influencing site selection for manufacturing, commercial and logistics operations.
The forum brought together representatives of public institutions, diplomatic missions, international investors and business organisations to discuss joint infrastructure projects, the development of rail and road connections, the role of seaports and opportunities for European funding.
Key topics included the development of integrated transport networks, improved north–south connectivity and the use of public-private partnerships to implement strategic infrastructure investments.
For Invest Sofia, cooperation with international business organisations is an important instrument for promoting the capital’s investment opportunities and facilitating contacts between Bulgarian and international companies. The partnership with the Bulgarian-Hellenic Chamber of Commerce and Industry complements the Agency’s efforts to advance cross-border economic cooperation and attract investment that makes a lasting contribution to Sofia’s economy.
