OECD Investment Policy Review: Bulgaria

image of OECD Investment Policy Review: Bulgaria

This review assesses the climate for domestic and foreign investment in Bulgaria and discusses the challenges and opportunities faced by the government of Bulgaria in its reform efforts. Capitalising on the OECD Policy Framework for Investment, the review includes chapters on trends in foreign investment and their socio-economic benefits, foreign investor entry and operations, the legal and institutional framework for investment protection, investment promotion and facilitation, public governance, and policies to promote and enable responsible business conduct. The review then highlights potential reform priorities to help Bulgaria fulfil development ambitions that align with its commitment to comply with the principles of openness, transparency and non-discrimination as a new Adherent to the OECD Declaration on International Investment and Multinational Enterprises.


Investment promotion and facilitation

This chapter reviews investment promotion and facilitation policy in Bulgaria. It provides an overview of the overall institutional and regulatory framework, relevant strategic documents, available investment incentives and the role of EU funds in mobilising investment. It also analyses the activities of the national investment promotion agency, InvestBulgaria Agency, benchmarking them to the agencies of OECD countries. Finally, it discusses the progress made in facilitating investment and reducing administrative burdens.


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