The plant, which will be located in Trakia Economic Zone, will manufacture aluminium profiles for the automotive industry, the business development unit at Plovdiv municipality said in a statement on Monday.
Its construction is slated for completion within a year.
The plant is expected to create between 150 and 200 jobs.
Shanghai Unison Aluminum Products is among the suppliers of automotive companies such as Tesla, Volvo and Fiat. The company has subsidiaries in Mexico and Bulgaria to serve its overseas customers, its website shows.
($ = 0.9181 euro)