SIA presented to delegates from the Republic of Egypt the investment opportunities in Sofia and how the Agency could help investors successfully set up a business in Sofia.
Nadia Soultanova, head of Investment Department of the Agency, gave a presentation on the foreign investment opportunities in new and high value industries, presented data about the state of the ICT sector and other priority sectors in Sofia, and the increasing number of tourists and of passengers traveling through the Sofia airport.
Company representatives from the Arab Republic of Egypt asked a number of questions concerning the operational costs and the tax system in Bulgaria, the availability of startup incubators and accelerators, the issuing of working visas to ICT specialists from outside the European Union, etc. Among the attending companies were EBKOT For Development & Tourism Co. S.A.E, which develops tourism projects, Investia Venture Capital, a venture capital and direct equity investment company, Polyserve Group – the leading company for manufacturing phosphates fertilizers and sulphuric acid, Tam Oilfield Services – exclusive representative of major worldwide manufacturers in the oil/gas and refinery industries, and a provider of technical services, Polymers for EVA & Rubber, which manufactures rubber articles for the shoes industry, Manapharma – exclusive provider of specialised products for a number of international pharmaceutical, cosmetics and chemical companies, RadaResearch, the leading Egyptian, privately owned marketing research and Public Relations Company.
The meeting was held on the initiative and with the cooperation of the Bulgarian Chamber of Commerce and Industry. The presentation was also attended by Her Excellency Ms Manal Yehia El Shinnawi, Ambassador Extraordinary and Plenipotentiary of the Arab Republic of Egypt in Bulgaria.