Government Adopts Report on Investment Plan for Europe Implementation in Croatia 

 

mru-razgovor-tomislav-tolusic-23 October 2016, VG Intelligence Weekly Issue 24

The technical government adopted the first Report on the Implementation of Investment Plan for Europe in Croatia (25 September 2015 to 31 July 2016) proposed by the Ministry for Regional Development and EU Funds during the last cabinet session. The Investment Plan for Europe is a joint initiative of the European Commission (EC) and the European Investment Bank (EIB), aimed at removing investment obstacles, providing investment projects with technical assistance, and better usage of available financial resources. The European Fund for Strategic Investments (EFSI) is the main instrument for the mobilisation of financial resources for strategic investments. In Croatia, the Croatian Bank for Reconstruction and Development (HBOR) is the authorised body for the implementation of the plan, while the Ministry of Regional Development and EU funds acts as the coordinating body. Currently, Croatia identified 15 projects  valued at €5 billion. A total of 6 projects were sent to the EIB for preliminary assessment…

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