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January 28, 2022

PM Grindeanu in Tulcea: Legal framework for strategic investment to be clarified

Romania’s legal framework for strategic investment will be clarified so that the pre-execution stage of projects may be shortened to a minimum, Prime Minister Sorin Grindeanu said Friday in Tulcea.

“We are trying to replace the existing framework for strategic investment, and I mean here as far as projects are concerned. Much too often in Romania pre-execution in the case of public works – say on a motorway, or a road – takes more than the execution per se because a pre-feasibility study, a feasibility study, challenges, court work and expropriations are required before the project reaches execution. We want to change the scheme already approved by the European Commission in order to shorten by a lot these deadlines and to allow the execution stage, the most important part of a project, to start off as soon as possible,” Grindeanu told a meeting with mayors of Tulcea County in the county’s capital Tulcea.

Later on, Grindeanu brought some nuance to his statement, saying that it is a clarification to the law on investment projects.

In her turn, Regional Development Minister Sevil Shhaideh unveiled the priorities of his ministry, saying that for the second stage of the National Local Development Programme, Tulcea mayors submitted 225 projects worth about one billion lei.

After meeting the mayors, Grindeanu and Shhaideh were scheduled to hold a news conference at noon.

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