Bulgaria's Investment Planning Minister to Amend 80 Laws

Ivan Danov, Bulgaria's Minister of Investment Planning, photo by BGNES

Ivan Danov, Bulgaria's Minister of Investment Planning, has vowed to work to amend over 80 laws in order to guarantee clear rules, facilitate the issuing of building permits, ensure predictable procedures, and apply good European practices.

Stressing that designing accounted for around 7% of the cost of the construction project, but it was quite time-consuming, he recommended the creation of a pool of ready publicly significant projects awaiting investments, instead of launching designing activities when the funds were available.

Danov, as cited by the Bulgarian National Radio (BNR), made clear Friday that he would also treat the drafting of detailed site development plans of municipalities as a priority because the documents were the basis for applying for investments.

Bulgaria's Investment Planning Minister said that he would work with a small panel of officials which would hopefully be driven by team spirit.

Danov noted that Bulgaria's new Investment Planning Ministry would have directorates on development planning (which would also be in charge of fast-tracking the preparation of projects), on rules and  regulations in designing and construction, on welfare and residential policy, and a unit in charge of attracting investments in construction.

He informed that the Geodesy, Cartography and Cadastre Agency, the Directorate for National Construction Control, and the National Center for Territorial Development would be part of the new ministry.

He said that the new ministry would also be in charge of activities related to the retrofitting of buildings, while the Road Infrastructure Agency and the large infrastructure projects would remain the responsibility of the Regional Development Ministry.

Stressing that a mere 17.9% of the territory of the country was covered by cadastral maps which contained many mistakes, Danov noted that the resources earmarked for these activities had been fully absorbed.

He suggested, however, that Bulgaria would find a way to finance the project and complete the activities with a good business plan.

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