Japan Vows to Invest in Bulgaria

His Excellency Makoto Ito, the new Ambassador of Japan to Bulgaria, during his meeting with Bulgarian media on Monday. Photo by BGNES

Japan has long-term investment interests in Bulgaria, His Excellency Makoto Ito, the new Ambassador of Japan to Bulgaria, has stated.

On Monday, Makoto Ito met with the Bulgarian media for the first time and outlined the Japanese Embassy's main goals in its cultural and economic program for 2011.

"When it comes to Japanese investments, there are usually long-term and vast commitments, which include the creation of new jobs and the construction of new utilities. Therefore, the presence of a reliable business climate and an effective administrations is necessary," the Japanese Ambassador has pointed out

The main focus in the Japanese Embassy's activity will be on the Bulgarian Prime Minister Boyko Borisov's visit to Japan, which will take place between January 22 and January 26.

Some of the crucial aspects of the Bulgarian – Japanese relations in 2011 will be the economy and the investments in Bulgaria's industry and private sector. According to the Japanese Ambassador, there are a lot of previously unrealized opportunities for the development of the two countries' economic relations.

October and November will be declared special months of the Japanese culture in Bulgaria.

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