Sofia municipality will try to obtain EUR 20 million under the Competitiveness and Regional Development operational programmes to fund construction of its technology park, said deputy mayor of finance Minko Gerdjikov. The city council has not yet picked a site for the project, which will house high-tech production and research.
"We’ll start off with a plot by the Bulgarian Academy of Sciences (BAS), which is our partner, and then seek expansion of municipal property or replacement of Kremikovtzi steel plant on the proposal of Sofia chief architect Petar Dikov," Gerdjikov said. The city council has estimates construction of the technology park will take some two and a half year since obtaining the financing to complete.
Sofia municipality will try to obtain EUR 20 million under the Competitiveness and Regional Development operational programmes to fund construction of its technology park, said deputy mayor of finance Minko Gerdjikov. The city council has not yet picked a site for the project, which will house high-tech production and research. 
