Economic map of Romania launched for investors

The economic map of Romania, a useful tool for Romanian and foreign investors who want to develop businesses in our country, was launched on Thursday, and the data to be found on this economic map of Romania will be used, among other things, to devise a development strategy, Minister of Economy Florin Spataru told the closing conference of the Project „Institutional capacity development of the Ministry of Economy – SIPOCA 7”.

„More precisely, it is about a platform where relevant economic and social information will be uploaded in order to configure the clearest possible picture of investment opportunities in one region or another on the territory of Romania. The data that will be found on this economic map of Romania will be used, among other things, to devise a development strategy, depending on the competitiveness poles identified by this new electronic system”, said Florin Spataru.

He emphasized that the launch of the Economic Map and the industrial policy document does not represent an end, but „a new beginning”.

„This industrial policy document must be updated because what was happening four years ago is no longer necessarily up-to-date. With the help of this Economic Map we will be able to obtain data in real time. With the help of this Economic Map and with all analysis backing it, we will be able to give the right answers for what is happening in Romania. Very often, in the public environment, the question was asked whether Romania still has industry. The question was asked very often: Where are Romania’s competitiveness poles? Whether we are only a country that is focused on the manufacturing side or we also have the research-development component or we have industrial parks or we have universities or we have young people who are attracted to certain directions”, said Florin Spataru.

In his opinion, the Ministry of Economy must assume the role of catalyst, given that it is the ministry responsible for the supervision and implementation of the single European market. „It is an extremely important role. For this we need updated, coherent industrial policies that respond to the needs of the single European economy”, said the minister.

The „Institutional capacity development of the Ministry of Economy – SIPOCA 7” project is co-financed from the European Social Fund through the Operational Capacity Administrative Program – SIPOCA 7 and has a budget of 9,816,257.52 RON, to be implemented between August 10, 2016 and August 9, 2022.

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