PM Tariceanu: Foreign investments to attain roughly 9 billion euros this year

 

Bucharest, Oct 26 /Rompres/ - The volume of the foreign investments in Romania in 2007 will have a value close to last year's, at 9.1 billion euros, Romanian Prime Minister Calin Popescu-Tariceanu told a forum of the Romanian and Turkish businessmen on Friday.

On the occasion, Tariceanu announced Romania was drafting a new investment law that would fully meet the European Union's regulations and provisions.

Tariceanu also told the forum that the Government had recently adopted four state aid schemes worth 3 billion euros for 2007-2013, to which some 5,000 companies will have access.

In 2006 Romania drew direct foreign investments amounting to almost 11.4 billion dollars, up by 75 percent as against last year, reads the World Investment Report 2007 drawn up by the United Nations Organization for Trade and Development (UNCTAD).

According to the above-mentioned report in 2005 Romania drew foreign investments amounting to about 6.483 billion dollars after, in 2004, foreign investments were about 6.517 billion dollars. According to the IDS performance index, which is stipulated in the said report, Romania jumped from the 101st place in 2005 to the 21st in 2006.

In South-Eastern Europe and the Commonwealth of Independent States Romania was the second beneficiary of the foreign investments in the region.

 

[Source: Romanian National News Agency ROMPRES