AcasăEurope NewsPM Ciolacu says National Plan for Large Industry ready to launch

PM Ciolacu says National Plan for Large Industry ready to launch

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The National Plan for Large Industry is the „most important” package to support the economy, worth around two billion euros, focused on three main pillars, Prime Minister Marcel Ciolacu said on Wednesday.

„We decided yesterday, at the government coalition meeting, to strengthen the economic development model based on investments. Under the coordination of Deputy Prime Minister Marian Neacsu, together with the ministers of Finance and Economy, Mr. Bolos and Mr. Oprea, we finalised a package of measures to generate a major impetus for the reindustrialisation of the economy. Thus, today we can launch the National Plan for Large Industry. It is the most important economic package to support the economy, of about two billion euro, centred on three main pillars,” Ciolacu said, during the weekly Government meeting.

The first pillar targets the support scheme for strategic investments in the manufacturing industry, with a budget worth over 500 million euro.

„We are granting tax incentives for investments of over 150 million euros and, as is normal, hundreds of jobs will be created in regions where GDP per capita is below the national average,” Ciolacu added.

The second pillar is the National Support Programme for Large Industries in Romania, the premier added.

„It is a 1 billion-euro state aid scheme for large companies. They will receive support of up to 100 million euros per beneficiary – those companies that carry out investments capable of reducing direct greenhouse gas emissions and energy consumption. The source of financing is the sale of carbon dioxide emission certificates,” the prime minister explained.

According to him, the third component of the plan is a state aid scheme of 250 million euros for companies that propose investments in the production of industrial raw materials – steel, profiles, bars, aluminum or copper.

AGERPRES

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