Out of the project’s total value of 84.9 million lei (EUR18.9 million),RON40.3 million will come from European funds and the state budget.
The project aims to create 363 permanent jobs, attract investment and stimulate the region’s economy.
The business center, located 25 km south of Bucharest, will include warehouses and administrative space, with the necessary utilities and infrastructure.
State secretary Marcel Bolos, who signed the contract, said the ministry is preparing an ordinance on a program for the development of public utilities infrastructure and the creation of business structures. With the Competition Council’s permission, the program will initially be financed from public money, and may access EU funds if it proves successful. (EUR1=RON4.4852)