April 13 (SeeNews) - Investment in tangible and intangible assets in Bulgaria's industrial sector is expected to decrease by 6.6% year-on-year in 2018, the country's statistical office said on Friday, citing results of a survey conducted among 3,800 companies in March.
The share of the private sector in the expected expenditures for acquiring tangible and intangible assets in 2018 is 84.6%, with managers in the sector forecasting a decrease of their investments programmes by 14% in comparison with 2017, the office of statistics said in a statement.
In 2018, production of intermediate goods will absorb the largest share of investments in Bulgaria's industrial sector, 43.3% of total, to be followed by energy and water related industries with 25.4% and production of non-durable goods with 16.3%.
Investments in tangible and intangible assets in Bulgaria's industrial sector rose 7.4% year-on-year in 2017, the statistical office said.