• These investments are crucial for restarting the economy after the end of the epidemic.
• The Intervention Act provides a basis for the faster realisation of investments.

The purpose of determining important investments is to coordinate and thus speed up individual procedures related to the investments that we believe will mitigate the economic damage caused by the epidemic. The launch of investments will increase economic growth in all sectors of the state, including the construction industry and other industries such as sales, the furnishing of premises, trade, etc. In accordance with the Intervention Act, a coordination group will be established that will mainly be responsible for coordinating procedures for the implementation of important investments. The coordination group will be responsible for the accelerated and coordinated implementation of important investments, thereby ensuring their effective performance.  This measure is therefore aimed at speeding up and streamlining procedures and by no means at causing harm to nature and the environment. 

Criteria for determining important investments

All line ministries were invited to submit proposals to be included on the list of important investments. The coordination of the list between the line ministries fell under the responsibility of the Ministry of the Environment and Spatial Planning.

The important investments have been categorised by:

• statistical regions, and
• content relating to the environment, energy, transport and regional development.

There are 22 important investments in the environmental sector;

19 in the energy sector,

70 in the transport sector, and

76 in the regional development sector.

Projects in the field of regional development mainly relate to:

– the construction of residential neighbourhoods;

– healthcare centres;

– educational institutions and similar.

The list includes all investment proposals that have an estimated value of over EUR 5 million and are expected to begin in 2020 or 2021, as well as all proposed investments above EUR 25 million, which are expected to begin in the summer of 2021.