Moldova Selects Projects for Financing within Holland Programs
OREANDA-NEWS. May 19, 2011. The Ministry of Economy of Moldova announced the first auction on selection of projects for financing within the programs introduced with support of the government of Holland. According to the press-service of Ministry of Economy, it is a question of program ORIO (the Help in modernisation of an infrastructure with a view of development) and PSI (Investments for a private sector).
As they mark in the Ministry of Economy, in May the first auction of design offers within the program ORIO intended for support development of public infrastructure in developing countries has begun. Priority sectors within this program are: water supply (supply of potable water, the water drain, an irrigation), transport (building and repair of roads, the railways, public transport), power (the power efficiency, alternative energy sources). Within the program ORIO the help is possible at all stages of the project, since its preparation before introduction, and also maintenance and management of object.
The budget of projects can make from 2 million to 60 million euro. So, the government of Holland finances on 50 % preparation of the project and on 35 % - introduction, maintenance of functionality and object functioning. The remained cost is financed by the government at the expense of own means, the commercial credit or special funds of the international organisations. In turn, programs PSI are directed on support of long-term economic development in the transition states.
The program stimulates creation of workplaces, generating of knowledge and incomes, promotes private sector strengthening at local level, and also poverty eradication. The ministry of economic affairs of Holland supports advancement and fastening of the Dutch companies in the markets of other countries, and program PSI provides financial assistance to businessmen who plan to invest in the markets of the East Europe, African, Near-Eastern and Latin American countries in transition.
The maximum budget under each project makes 1,5 million euro from which the Dutch government finances 50 % (a maximum of 750 thousand euro), and other means will be given by project partners. Priority sectors for realisation of projects: environment and power, an infrastructure, tourism, agrarian and industrial complex, information technology, industry, services, researches and innovation.
The government only - through Ministry of Economics or the ministries supervising area for which the project is planned can put forward design offers.
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