Big investments in public infrastructure, crucial for economic recovery

Major investments in public infrastructure, key to a swift recovery and long-term economic development and welfare. This crisis could be the engine for innovation and positive change, says Business-Review.eu.

Alinso Group, a leading international company managing business and industrial parks and present in Romania through PWP Bucharest North, indicates public infrastructure investments to be a highly effective way for Romania to restore business activity, attract more and new investments resulting in a long term competitive economic environment.

“Investments in public infrastructure, highways, railroads, not to forget schools and healthcare infrastructure, have proven to be a primary tool to help economies to recover and grow, given their proven multiplier effect. Romania can turn this crisis into an opportunity by committing to large investments in infrastructure, investment needs estimated at 40 billion euros for the next 10 years according to authorities own evaluations”, says Ivan Lokere, CEO of the group.

The public health emergency in Romania is expected to subside in the following weeks, and the economic recovery will become the number one priority. The first economic and fiscal stimulus package, worth 2% of the GDP, was already approved by Romanian authorities, while a 750 million euro direct support scheme for SMEs is being discussed now.
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