Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. PM Dancila: Turkish businessmen and those from...

PM Dancila: Turkish businessmen and those from Gulf countries are interested in investing in Romania

October 25, 2018

Turkish businessmen and those from the Gulf countries are interested in investing in Romania in infrastructure, healthcare and in developing large-scale public-private partnership projects, Prime Minister Viorica Dancila said within a presentation of the results following her recent visit to Turkey, the United Arab Emirates and Kuwait. “I recently concluded the visit to Turkey, the United Arab Emirates and Kuwait, states where I carried out high-level political-diplomatic meetings, as well as meetings with businessmen associations. It was a mission predominantly economic, which I returned from with concrete results, beneficial long-term results for Romania. Turkish businessmen and those from the Gulf countries are interested in investing in Romania in infrastructure, healthcare and in developing large-scale public-private partnership projects,” Viorica Dancila stated in the beginning of the Gov’t sitting. The PM mentioned that she carried out a very close discussion with the President of the Republic of Turkey. “Mr Erdogan assured me that Turkish investors are interested in building a regional hospital in Constanta equipped with 1,000 beds, as well as in increasing the volume of trade exchanges, from 7 billion US dollars to 10 billion US dollars,” Dancila stated. She mentioned that in the United Arab Emirates there was a huge interest for public-private partnership projects, but also for investments. “A company from the United Arab Emirates wants to invest over 100 million US dollars in logistic and industrial parks in Curtici, Aiud, Craiova, Constanta, Bucharest and Prahova County. There is also a great interest for the construction of the Bucharest Port on the Danube-Bucharest Canal. Taking into account this potential, that can be developed on the long term, we have agreed to create an economic strategic partnership between the Government of Romania and the Government of the United Arab Emirates, a narrower and more active cooperation framework at governmental level,” Dancila explained. The PM mentioned having seen in Kuwait the same interest in Romania, showed by the local investors. “A first concrete result is the prospect of collaborating with the ‘Ana Aslan’ Institute,” Dancila stated. The PM concluded that her visit to Turkey and the Gulf countries confirmed, once again, that Romania “is an attractive destination for the business milieu in view of developing some large-scale projects in areas where our country has potential for growth, both economically and socially.”   “We have the necessary budgetary resources to pay pensions and salaries in the public system”   The Government has the necessary budgetary resources to pay pensions and salaries in the public system, with the budget draft for next year to accurately reflect the existence of the necessary funds to pay for the increased pensions and salaries in the public system and for the increased minimum wage per economy, Prime Minister Viorica Dancila stated on Wednesday. “Related to the money for pensions and salaries: we have the necessary budgetary resources to pay for the pensions and salaries in the public system, according to our commitments made as part of our governing programme and the Salary Law adopted by the government. The PM also added that the Ministry of Public Finance is currently working on the draft budget for 2019, which is quite advanced. “The draft budget for next year will accurately reflect the existence of the necessary resource to cover for the increased pensions and increased salaries in the public system, the increased minimum salary per economy, as we committed ourselves in front of the Romanians that we will do. I lead a government that is convinced that the progress of our economy must be felt by the Romanians too, who need an increased income and a better life. This is the commitment that we made when we won the elections and we want to respect,” stated Dancila.

The post PM Dancila: Turkish businessmen and those from Gulf countries are interested in investing in Romania appeared first on Nine O' Clock.

Read in full - click here
Deloitte Romania assisted AQUILA, leader in distribution and logistics services for the consumer goods market, in the acquisition of Romtec Europa, producer of car care fluids and aerosols

Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]

Timiș - among the top counties with high agricultural potential CBRE Romania Analysis: Business Opportunities and Alternative Investment Perspectives

CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]

Romania, a profitable destination with over 4.5 million sqm of retail modern space at the end of 2024.

By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]

Cushman & Wakefield Echinox: On average, companies spend €15,000 on fitting out each employee's office space

The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]

Romania is present through the RoTechMission delegation at the EU-Startups Summit Malta, one of the biggest events for tech startups in Europe

Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]

AeroVacanțe, part of the Aerotravel group, operates 14 charter flights to Lesbos, the third largest island in Greece: "In 2024, Romanians want to travel to as many original and authentic destinations as possible. The demand for them increased by 25% compared to the same period last year"

AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]