Bulgaria to Allocate Over BGN 3 B to Regional Development in 2014-2020

Politics » BULGARIA IN EU | May 21, 2014, Wednesday // 15:02| Views: | Comments: 0
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Bulgaria: Bulgaria to Allocate Over BGN 3 B to Regional Development in 2014-2020 Bulgarian Regional Development Minister Desislava Terzieva, photo by BGNES

A total of over BGN 3 B will be allocated to regional growth in the new programming period 2014-2020, according to Bulgarian Regional Development Minister Desislava Terzieva.

Terzieva, as cited by the BGNES news agency, emphasized that a total of EUR 262 M had been earmarked for financial instruments for residential buildings and a total of EUR 270 M had been earmarked for improving the urban environment under the Sustainable and Integrated Urban Development priority axis.

She made clear that EUR 107 M would be allocated to 67 municipalities under a priority axis aimed at improving educational infrastructure.

Terzieva pointed out that a total of EUR 163 M had been earmarked for public sports and cultural infrastructure, while EUR 143 M had been earmarked for integrated urban transport under the Regional Growth Operational Program.

She noted that a total of EUR 115 M would be allocated to investments in education under the second priority axis, regional educational infrastructure.

Terzieva specified that the aim of the EU funding was to create conditions for modern educational services, adding that the beneficiaries of the program would be the Ministry of Education and Science, the Ministry of Agriculture and Food, the Ministry of Culture, the Ministry of Youth and Sports, as well as a number of universities and municipalities.

Bulgaria's Regional Development Minister said that a total of BGN 84 M had been earmarked for regional health infrastructure and for improving the conditions for adequate medical assistance.

She informed that EUR 51 M would be allocated to investments in health and social infrastructure under the Regional Social Infrastructure priority axis, the beneficiaries being the Ministry of Health and a number of municipalities and medical and social care centers.

Terzieva assured that the redefined projects matched the strategy on the de-institutionalization of children and long-term care services.

She said that a sum of EUR 127 M had been allocated to the storage, preservation, development and promotion of natural and cultural heritage.

Terzieva made clear that the Road Infrastructure Agency would be a beneficiary under the Regional and Local Road Infrastructure priority axis under which a total of around EUR 194 M would be available.

She added that a total of EUR 20 M would be granted to Bulgarian municipalities under the Risk Prevention priority axis established to encourage investments into coping with specific risks and landslides.

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Tags: Regional Development Minister, desislava terzieva, EU funding, programming period 2014-2020
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