During the presentation, Head of the EU Delegation Ambassador Jose Manuel Pinto Teixeira said that the EU is interested in bringing investments to Sevastopol because this means new jobs, resources and prosperity.
"This is what the city needs, this is what the citizens need, and we want all these to come true," Teixeira said.
He also noted that the EU would engage experts
for the projec
t, who
will examine and determine the problems, and diagnose the situation to decide on the type of measures they need to apply.
"
We hope that after this project, investors from various countries of the European Union will come to Sevastopol, because the project is aimed at creating favora
ble conditions for investment. I hope that this project will help the authorities of Sevastopol create favorable condition for raising the welfare of Sevastopol's residents," Teixeira said.
Certain powers for creating conditions for attracting investments in Sevastopol lie within the scope of the central authorities, in particular in adopting relevant legislation, the ambassador said.
The project is aimed at strengthening the management skills of the administrative agencies in charge of promoting foreign direct investment into infrastructure; and the establishment and development of the Investment Promotion Agency, which should include all local partners and enjoy the full support of local authorities.
The goals also include defining key strategic sectors and preparation of detailed business plans for the selected projects, as well as promoting a new image for Sevastopol.
The project is expected to help attract direct foreign investments into Sevastopol and is designed for two years. Its budget is EUR 1.9 million. The project will be implemented by ECORYS company (the Netherlands), GDSI (Ireland) and Rina (Italy).
