Romanian strategic territorial development policy made official

The preliminary document on the long-term integrated territorial development of Romania was publicly introduced on Tuesday by the Environment Minister, Laszlo Borbely. The minister also announced recently a financing line for urban development, addressing cities over 10,000 inhabitants, not including development poles.

The strategy introduced today establishes the guiding lines for Romania’s national, regional and inter-regional development, tying the concepts of cohesion and competitiveness.

The concept launched today is critical for ensuring a territorial dimension of the European structural funds spending and allocation.

Within the urban development financing line, eligible projects include urban infrastructure and urban services development, business environment development and social infrastructure rehabilitation.