Ministry of Investment Planning and Professional Organizations are Working Together on a Sustainable System of Laws on the Investment Process
"This is the first time that we have a clear and strategically planned vision about the legislative reform, which concerns the entire construction cycle - planning, design and construction" said Chairman of the Parliament Committee on Investment Planning dipl. Eng. Emil Kostadinov at the press conference "Necessary Legislative Changes for a Fair and Competitive Market in the Construction Sector". The press conference was held by the Ministry of Investment Planning together with the professional organizations in the construction sector: the Chamber of Builders in Bulgaria, the Chamber of Engineers in Investment Design, the Chamber of Architects in Bulgaria, etc.
"This legislative reform will lead to the establishment of a sustainable system of laws in the investment process" said Minster of Investment Planning prof. PhD. dipl. arch. Ivan Danov. The new system of laws will reduce significantly the administrative and financial burden on the investors; will ease the procedures to issue a construction permit (those procedures sometimes are more time spending than the whole construction process). Thus the prerequisites for illegal construction will diminish.
The regulations as per the current Law on Spatial Planning are unduly complicated. Those regulations could be simplified and incorporated in two different, interrelated laws, e.g. a Law on Urban Planning and a Law on Investment Design and Construction.
The new regulations will stimulate the citizens to participate in the discussion process concerning each new urban project. "We want the people to participate in the process of making of General Site Development Plans and to start feeling involved in the places they live in. Each General Site Development Plan must have the necessary prerequisites for economic growth and sustainable development of the region." is Minister Ivan Danov's idea.
The forthcoming regulations will introduce personal responsibility of all participants in the investment project.
The ease of the investment process will also happen through changes in the Law on Cadastral Planning, which is due to come in plenary.