Minister Prodanov: Spa tourism and balneology will receive support under the Recovery and Sustainability Plan

18 April 2022

“Spa tourism and balneology can apply for support from grants and financial instruments for millions of leva within the Recovery and Sustainability Plan”. This was stated by Tourism Minister Hristo Prodanov during a round table on the topic, which was held in Hisarya.

He stressed that such options are available and the plan is generally structured for funding by objectives rather than by sector. It includes the pillars “Green Bulgaria”, “Innovative Bulgaria”, “Connected Bulgaria” and “Fair Bulgaria” - all this with a better activity on the part of the industry, it can benefit from these projects, the minister said.

The Plan foresees investments of BGN 2.937 billion in the form of grants and financial instruments to Bulgarian enterprises to facilitate their transition to a digital, low-carbon and resource-efficient economy. The funds are mainly earmarked for technological modernisation and energy efficiency. It is expected that applicants from SPA and balneology will be eligible for funding, Minister Prodanov explained.

Then he added that there are funds earmarked for energy renovation measures for non-residential buildings, including buildings across the entire sector “Tourism”, including balneotourism. Eligible beneficiaries cover micro/small, medium and large enterprises with a maximum intensity of 50% for the grant aid.

 “Funds will also be invested in e-administrative services and registers, including the digitization of such in the field of tourism,” the minister added.

With regard to the Program for the accommodation of Ukrainian refugees in hotels on the Black Sea coast, the minister announced that by the end of this week, the funds would be paid to the hotel owners for the period from 24 February to 31 March.

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