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EU countries reported investment projects worth more than a trillion euros
Projects located in an annex to the published Tuesday, a report prepared by a special task force composed of representatives of the Member States, the European Commission and the European Investment Bank.
The document, which was the result of a discussion about the need to increase investment in the EU, does not contain a list of projects to be implemented for the future European Strategic Investment Fund, but rather shows the investment potential in the EU.
Poland reported as part of its contribution to the report, 250 projects worth 132 billion euros. As announced on Tuesday in Brussels, the finance minister Mateusz Szczurek, in the years 2015-2018 (Juncker investment plan has a three year perspective) would be to implement projects worth 17.5 billion.
– The list is not closed, because there may be new projects; It also does not mean that all (projects from the list – ed.) will be implemented – Szczurek reserved.
The vast majority of the proposals made by our country relates to transportation (construction of sections of roads, railways), as well as the energy sector. As in other countries, including in the case of Polish major obstacle to the implementation of these projects is the lack of funds.
financial needs – as is clear from the information available in the report – are enormous. Poland has proposed eg. Construction of high-speed railway on the route from Warsaw to Lodz Poznan and Wroclaw. The total cost is 7.5 billion.
From the Polish shows about 40 projects.
His list of projects presented, the European Commission, but only partially coincides with the national lists. The value of commission projects is 56 billion.
Total in the EU identified projects worth 1.3 trillion euros, of which projects worth 500 billion could be realized in the next five years. – This list allows you to wiser to plan what to do in Europe – Szczurek explained.
Group Report Task Force recommends immediate action to collect the projects to be implemented under the plan Juncker. The so-called transparency. The fast track project will be the key to regaining the confidence of investors and unlock their means. The fact that the projects can be found in it, is to determine the quality, not the origin of the territorial and sectoral.
The Task Force, which examined the projects submitted by the state, divided them into five areas: knowledge, innovation and the digital economy, union energy, transport infrastructure, social infrastructure and natural resources and the environment.
The report of the Task Force included recommendations for Member States, such as the improvement of the business environment, the construction of long-term investment plans, providing technical assistance to develop investment aid and promotion of innovative financial instruments.
– This is also an incentive to the structural changes that will help to mobilize capital personal, private investment – Szczurek said.
The report, which on Tuesday discussed the EU finance ministers will also theme of the summit of EU leaders in December 18-19. Is expected to be the political consensus on the establishment of a European Strategic Investment Fund.
Ministers of Finance discussed Tuesday m. al. Treatment of capital contributions by Member States to the fund. The idea is that monies allocated for this purpose does not worsen the situation of countries with deficits tight on the border of the EU fiscal rules. This issue has not been resolved. He has to take care of the European Council.
Potential contributions from Member States are very important because of the will depend on what kind of projects the Fund will finance. – If (the Fund – Ed.) Will be based solely on private contributions zlewarowanym, there is a risk (…) focus on investments which anyway are mostly financed by the private sector today – explained Szczurek.
As promised, Poland is ready to get involved financially in the Fund, but must first be dispelled doubts about the eligibility of funds for this purpose by the European Commission in assessing budgets. Rat warned that Poland could make contributions to the Fund only if it would have gone to other countries.
According to EC plans investment fund is to be able to act in the middle of 2015.
(JS)
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