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Bucharest
February 8, 2023
ECONOMYFINANCE&BANKING

84 projects could be phased for 2014-2020 financial framework

The European Funds Ministry (MFE) wants to phase 84 projects worth over EUR 8.76 bln in order for them to be financed in 2014-2020, according to the ministry’s website.

Of those, 37 projects worth approximately EUR 5.08 bln concern the transport sector, 6 projects worth EUR 427 M concern the competitiveness sector and 41 projects worth EUR 3.29 bln concern the environment sector.

The biggest transport project on that list is worth EUR 708 M and concerns the Bucharest subway Mainline 5’s Raul Doameni – Eroilor section. Other important projects concern the rehabilitation of the Coslariu – Sighisoara railway line (EUR 535.5 M), the Lugos – Deva Highway’s sections 2, 3 and 4 (EUR 573.4 M) and the Sebes – Turda Highway’s sections 1, 2, 3 and 4 (EUR 494.5 M).

In what concerns the environment projects listed, most of them concern water and sewerage infrastructure (EUR 2.51 bln), while waste management projects total EUR 685.5 M.
In the competitiveness sector, the biggest project listed is the Extreme Light Infrastructure – Nuclear Physics (ELI-NP) project of the ‘Horia Hulubei’ Physics and Nuclear Engineering Research and Development National Institute (EUR 310.9 M).
EUR 33 bln have been earmarked for Romania for the 2014-2020 financial framework. Of that sum, EUR 11.2 bln were earmarked from the European Regional Development Fund, EUR 8.1 bln from the Cohesion Fund, EUR 4.7 bln from the European Social Fund, EUR 8.127 bln from the Common Agricultural Policy’s Pillar II fund and EUR 12.529 bln in direct payments from the Pillar I fund, EUR 0.17 bln from the European Fisheries Fund and EUR 0.41 bln from the European fund for disadvantage persons.

Ordered by programmes, the Human Capital Operational Programme received EUR 4.32 bln in earmarked funds, the Competitiveness Operational Programme received EUR 1.32 bln, the Large Infrastructure Operational Programme EUR 9.41 bln, the Technical Assistance Operational Programme EUR 212 M, the Regional Operational Programme EUR 6.7 bln, the Administrative Capacity Operational Programme EUR 553 M, the Helping Disadvantaged People Operational Programme EUR 440 M, the Rural Development Programme EUR 8.1 bln, the Cross-border Cooperation Programme EUR 452 M and the Fisheries Operational Programme EUR 162 M.

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