The Council of Ministers adopted a decision by which it assigned the Minister of Innovation and Growth to organize the activities of a national competent authority and a single point of contact, according to Art. 31 of Regulation (EU) 2023/1781) of 13 September 2023 to create a framework of measures to strengthen the European semiconductor ecosystem and to amend Regulation (EU) 2021/694 (Integrated Circuits Act), as and the determination by Bulgaria of the members of the European Semiconductor Council and the Semiconductor Committee.
Bulgaria's participation in the initiatives under the European legislative act on integrated circuits (Integrated Circuits Act/EU Chips Act) will strengthen the competitiveness and sustainability of our country in the field of semiconductor technologies and achievements and will help to realize the dual digital and green transition.
Bulgaria has long-standing traditions in the field of microelectronics - a strong scientific base and innovative enterprises. It also has the potential to develop a European hub for talent in the field of microelectronics and semiconductor technology and thereby establish itself as an investment destination in the field of integrated circuits.
In line with its vision, the Ministry of Innovation and Growth works on three main priorities. The first is the construction of an entrepreneurial and startup ecosystem that will change the face of Bulgaria. The second is for Bulgaria to become a place where products and services with high added value are created through scientific and development activities, which attract high-tech investments. The third is for Bulgaria to become the innovation hub for Southeast Europe and to lead the new wave of innovation.
In this regard, our active role in Europe's leading initiatives such as the Integrated Circuits Act, supporting key technologies and innovations, is an important sign of fulfilling the priorities and goals we have set, the government information service reported.