The idea of creating a multifunctional industrial park in Shumen was born in 2006, when the local government proposed to develop a High–Tech Park, designed to meet the needs of its potential investors. In two years, the idea was taken to a whole new level – to combine various industrial and commercial branches and represent the diversity of business today. The new and improved version was meant to become the Industrial Park Shumen.
The project aims at establishing a modern industrial, trading, and logistic centre, which will serve and fulfil not only the needs of the city of Shumen, but also of the entire North-East region of Bulgaria.