Industry: Industry Region: Romania Transaction Price: Not Disclosed Transaction Method: Equity Investment
Description: Iasi will establish a commercial company to establish the first industrial park in the region. In industrial parks, economic, scientific research, industrial activities and services, as well as assessment of scientific research and/or technological development, will be carried out, within the scope of specific facilities, for potential people and goods in the area.
Details: Iasi will establish a commercial company to establish the first industrial park in the region. In industrial parks, economic, scientific research, industrial activities and services, as well as assessment of scientific research and/or technological development, will be carried out, within the scope of specific facilities, for potential people and goods in the area. The industrial park will allow commercial enterprises to carry out commercial activities in related fields, as well as to enter the field of infrastructure construction for economic purposes. The establishment of an industrial park is based on a combination of central or local government leaders, economic institutions, research institutions and/or interested investors to promote economic and social development, scientific and technological exchanges, promote investment flows and utilize the rich local human resources. Permits for industrial parks may only be issued to businesses within the park, called management companies. The total investment is EUR 30 million. Partners should be interested in setting up a PPP, like BOT, with a long-term international financing (e.g. intervention from the Export-Import Bank of China, China Export and Credit Insurance Corporation, etc.)