7 Croatian cities to get EUR 345 mln from EU urban development scheme

Seven Croatian cities - Zagreb, Split, Rijeka, Osijek, Zadar, Slavonski Brod and Pula - will have access to EUR 345.35 million from European structural and investment funds for the development of urban areas, the Regional Development and EU Funds Ministry said on Friday.

In early October the Ministry selected the seven cities for the implementation of this grant scheme which is part of the EU Integrated Territorial Investment (ITI) mechanism.

Integrated Territorial Investment is an instrument which provides for integrated delivery arrangements for investments in big European cities.

Allocations for the Croatian cities under the ITI mechanism total EUR 91.9 million for Zagreb, 62.8 million for Split, 49.6 million for Rijeka, 44.1 million for Osijek, 35.3 million for Zadar, 31.1 million for Slavonski Brod and 30.6 million for Pula.

Minister Tomislav Tolusic said that the purpose of the ITI mechanism was to strengthen the role of cities as generators of economic development and that activities to be implemented as part of that mechanism would contribute to creating a more favourable business environment, promoting cultural heritage and improving the system of adult education. It is also expected to help modernise vocational training, improve public transportation services, enhance energy efficiency, increase employment and contribute to the fight against poverty and social exclusion.

Last update: Fri, 07/10/2016 - 21:29
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