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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.

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