Of a total 53 projects, 26 projects worth nearly EUR36 million were approved for Priority Axis 1 “Development of Cross-border Infrastructure” and target the construction or reconstruction of roads leading to or crossing the Romanian-Hungarian border.
The remaining 27 projects worth EUR32 million were approved for priority axis 2 and target to strengthen the cooperation between the two countries in various sectors, such as the mutual development of business, tourist, research and health infrastructure.
“The fifth call for project proposals, which targets the development of infrastructure, was launched on August 29, 2011, and is based on a budget of nearly EUR51.4 million via the European Regional Development Fund (ERDF). The quality of projects has prompted the committee to completely use the remaining funds via the program within the 2007-2013 scheduling period in order to provide financing for 53 projects,” the ministry said in its press release.
The Romania-Hungary Cross-border Cooperation program 2007- 2013 targets the sustainable development of the cross-border region. Nearly 400 projects have so far been contracted via the program and around EUR150 million in European Union funds have been provided in this respect.