Kardzhali Region reports decline in foreign direct investment for 2024

Foreign direct investment in non-financial sector enterprises in the Kardzhali region decreased by 29.7% in 2024 compared to 2023, reports BTA. Of the total foreign investment in Bulgaria, 0.9% was in the Kardzhali region, while within the South-Central region it accounted for 8.4%. Nearly 93% of the total investment in the region in 2024 went to a few sectors – mining, manufacturing and other industry; water supply; sewerage services; waste management and remediation. A total of EUR 297.6 million was invested across all seven municipalities in the region, with the largest share going to the Kardzhali Municipality-EUR 200.6 million.

The Kardzhali region ranks 21st in population among Bulgaria’s 28 administrative regions, but it stands out for its stable demographic indicators in urban areas.

Edited by Tsvetana Toncheva

Translated by Kostadin Atanasov