Commission launches two projects to support cooperation and innovation in Romanian regions and cities

Commission launches two projects to support cooperation and innovation in Romanian regions and cities

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The Commission is launching two projects to provide expertise to Romanian regions and cities, in cooperation with the Romanian government and the World Bank.

Under the first project, Commission and World Bank experts will help Romanian county capitals develop stronger links with their periphery and use EU funding for projects that benefit the whole urban area, not only the main economic centre. For example, experts will study how to expand urban transport networks or how to cooperate better in the field of public services to make them more accessible.

Under the second project, a group of experts will help the eight Romanian regions to improve their innovation capacity and enhance cooperation between research centres and businesses to develop innovative products for the market. This project is launched under the “Catching up Regions” initiative, which helps low-income and low-growth regions catch up with the rest of the EU.

Romania will benefit from significant resources to invest in sustainable urban development in the next-long term EU budget 2021-2027. The work of Commission and World Bank experts together with the Romanian authorities will help pave the way for the success of these investments.

The Commission proposed a total allocation of more than €30.8 billion in Cohesion Policy funding for Romania, €6.1 billion more than in the current period.

Original source: European Commission
Published on 08 August 2019