South Korea expresses interest in building RDF plant in Sofia

South Korea is interested in participating in the construction of the refuse derived fuel (RDF) plant in Sofia. This emerged after the bilateral meeting between Bulgaria’s Prime Minister Boyko Borissov and his South Korean counterpart Lee Nak-yon. The installation will cost EUR 157 million.

On the second day of his official visit, Prime Minister Boyko Borisov met with South Korean Prime Minister Li Na-yon and visited the Hancook University, where Bulgarian language is one of the subjects.

Bulgaria and South Korea hold talks on strategic co-operation in the areas of automotive industry, tourism and innovation. South Korean companies are exploring the possibility of investing in the construction of an electric vehicle battery plant and Autonomous Car Centre in Bulgaria.

The two countries have signed memoranda of understanding in the areas of energy and foreign affairs system.

PM Borissov said he was greeted with the choice of Kristalina Georgieva as IMF Managing Director.

The Korean Prime Minister thanked for the strategic investor status of Korean companies.