Skip to main content Skip to footer

A new law regulates the status of industrial parks

industrial parks

By virtue of issue 21st of the State Gazette dated 12.03.2021, a new Law on industrial parks (“the Law") was promulgated. The Law governs the status of industrial parks, the terms and conditions for their establishment, construction, operation and development.
Colliers Legal team provides a summary of the main provisions of the Law below.

Definitions of basic terms
The Law offers a definition of the term 'industrial park', as well as specifies the different types of industrial parks according to the production activities performed therein and the ownership of the park.
According to the Law, an industrial park is a separate territory located in one or more municipalities, which structural, technical and organizational conditions for production activities are provided for. The territory of an industrial park should be not less than 300 decares, except in the cases explicitly provided by the Law.
The industrial park consists of regulated land plots intended for production activities, as regulated land plots with other purpose are also allowed – for supplementary and service activities related to the operation of the park, including traffic and transport and other technical infrastructure, for public activities, for green areas and for special sites, as their total area may not be equal to or greater than half of the area of the park. When registering an industrial park, it is not allowed to include in its territory land plots, which are subject to litigation for real rights.
According to the production activities performed therein, industrial parks are of the following types: (i.) Type A – general, in which there is no specialization of production activities; (ii.) type B – specialized, in which one type of production and related activities or similar production activities are performed; (iii.) type C – specialized, in which high-tech and related activities are performed.
According to ownership, industrial parks are: ( i. ) State-owned – when the state is the owner; (ii.) municipal – when the owner is a municipality; (iii.) joint – when the owner is the state and one or more municipalities, as well as when the owner is two or more municipalities; (iv.) private – when the owner is a legal entity registered as a trader or an association, including legal entities or their associations with a blocking quota of the state or municipality.
The Law also provides definitions for the main subjects related to industrial parks, such as owner, operator, investor, user, etc., as well as regulates the main relations between them.
The Law also provides rules for transactions of sale, rent and establishment of limited real rights for property in industrial parks.

Measures to stimulate industrial parks
The law stipulates that the state policy regarding industrial parks is conducted by the Council of Ministers, the Minister of Economy and the municipal councils. After entering an industrial park in the Electronic Register of Industrial Parks and until its deletion from the register, a simplified regime of administrative services is applied during the construction and development of the park.
An owner of an industrial park and an investor may receive support under the terms and conditions of the Investment Promotion Act, as well as through national programs and through the European Structural and Investment Funds.
As a measure to stimulate industrial parks, the municipal council may set preferential amounts of local fees for technical and administrative services related to the activities carried out on the territory of the industrial park , as well as exempt owners and investors from local fees when the fees are related to the sites of the internal technical infrastructure and to the public service sites on the territory of the industrial parks.

Procedures for establishment, construction, operation and development of industrial parks
The Law regulates the procedures for establishment, construction, operation and development of industrial parks. The establishment of the parks is done by virtue of a decision of the Council of Ministers, the municipal council or the respective legal entity, depending on the ownership of the park. The decision for establishing the industrial park is a condition for entry in the Electronic Register of Industrial Parks, which should be created within 6 months as from the entry into force of the Law and maintained by the Minister of Economy.
The Law regulates the documents and contracts related to the establishment, construction and operation of industrial parks – concept, business plan of the operator, detailed development plan of the park, operation contract, etc.
The Law provides for facilitation of the proceedings for issuance of certain administrative acts by implementing ex officio collection of documents by the administrative bodies, provision of services electronically and by electronic means and application of half shorter terms than those under the Spatial Planning Act.

*The present article has informative purpose and does not represent legal advice.

Related Experts

Vesselina Trionova

Manager Legal Services | Bulgaria


Vesselina Trionova joined Colliers International in October 2006 as Legal Counsel. She has been a member of the very successful legal team, providing professional legal consultancy solutions to all company departments and Legal Advisory Services to corporate clients.

Her great interpersonal skills, creativeness and professional approach predetermine her successful career development at Colliers. At the moment Vesselina acts as Manager Legal Services. Her area of expertise is within corporate and commercial law, as well as real estate and construction law.

View expert

Snejana Stoycheva

Legal Counsel


Snejana Stoycheva joined Colliers International in the beginning of 2019. She provides in-house legal services for the company and legal advisory services for its clients in the real estate area. Snejana has expert knowledge in commercial, contractual, real estate law and regulations. She also has extensive experience in drafting various types of contracts, memorandums of advice and legal opinions.

Prior to joining Colliers, Snejana worked as a Legal Advisor at KPMG in Bulgaria, providing legal services to national and foreign clients in the field of commercial, employment and contractual law. In the field of employment, she participated in various procedures for implementing home-office policies, summarized calculation of the working hours, programs for additional training and qualification. She was also engaged in procedures for staff reduction and reorganizations of employment.

View expert