European Regional Policy Commissioner, Danuta Hübner and Dick Roche, Irish Minister of State for European Affairs, last week signed key documents for the implementation of the Cohesion Policy in Ireland over the next seven years.
They signed the National Strategic Reference Framework and the two programmes, which will be supported by the European Regional Development Fund (ERDF), at a ceremony in Brussels.
Commission Hübner welcomed the adoptions, explaining that:
"The two regional programmes are clearly geared towards regional innovation. They are characterised by a 'niche' approach and will concentrate on the knowledge economy, research and development, the promotion of small and medium enterprises and the environment. This will ensure added value and visibility for the European Union."
She continued:
"One new feature of the 2007-2013 programming period is that the Regional Assemblies are now entrusted with the task of managing the entire ERDF budget for Ireland. This is a welcome development which I believe will contribute to the development of strong administrative structures at the Regional level and will facilitate implementation of projects on the ground."
Under the auspices of the Cohesion Policy, the Border, Midland and Western Regional program will be backed by EU investment worth EUR228.7 million and will include:
The Southern and Eastern Regional program will be backed by an EU investment worth EUR146.6 million, which will be targeted at the following initiatives:
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