March 10 (SeeNews) - A Bulgarian project for the production of biodegradable materials will be implemented in an industrial park in China, the Bulgarian foreign ministry said.
The relevant agreement was signed on March 8 at the Consulate General of Bulgaria in Shanghai, the ministry said in a statement on Thursday, withoiut disclosing financial details.
The project is a private initiative and will be implemented at the China-Central and Eastern European Countries (CEEC) Industrial Cooperation Park in Ningbo. The contract was signed between Desislav Despodov, manager and technical director of the Bulgarian project, and Li Jian, investment department head at the industrial park.
The industrial cooperation park was inaugurated in June 2020. It is pursuing cooperation opportunities with CEE countries in multiple areas including technology, talents, cultural and tourism activities and trade.