H.E. MR. GEORGE MIFSUD, AMBASSADOR OF MALTA TO BULGARIA, VISITED BIA

H.E. Mr. George Mifsud, Ambassador of Malta to Bulgaria, visited BIA on 20.01.2012. He was met by Mr. Sasho Donchev, Chairman of the BIA Board, Mr. Georgi Shivarov, Vice Executive President, Mr. Veselin Iliev, Director General for International Economic Relations. After a short BIA presentation and exchange of opinions on the current bilateral economic relations, a discussion with practical aspect developed.

Malta privatized all industry and services and most of the public services are out-sourced. The business environment is very friendly and this makes Malta excellent location for business operations in Northern Africa. Malta is well situated in Libya, where Bulgarian companies from construction and other sectors had projects in the past. Bulgarian - Maltese cooperation may gain additional value in the process of reconstruction in Libya and some other Northern African countries.

Because of the small territory and market, a number of Maltese businessmen are looking for industrial locations in Europe. Bulgaria may become such option.

The both sides expressed specific interest to some European programs, namely Intelligent Energy Europe.
Mr. Donchev offered BIA full support to Maltese business circles interested in cooperation with Bulgaria.