Bulgaria looks to boost automotive industry investment
Great Wall's investment in Bulgaria could encourage further OEM and supplier investment.
Bulgaria is looking to encourage further investment in its automotive industry infrastructure following its success in attracting Chinese OEM Great Wall to establishing a new vehicle plant in the country, according to an Automotive News Europe report. The country has also boosted its supplier infrastructure considerably in recent years as a result of the relatively high skills base, low taxation rates and stable economy, as well as its proximity to other central and Eastern European production clusters such as Hungary and Romania.
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