The Government of Gibraltar has announced that the Objective 2 Programme for Gibraltar for the period 2000-2006, has been formally adopted by the European Commission.
The Gibraltar Programme will attract 8.38 million euros of EU funds to assist with its regional conversion strategy. The global objective for the Gibraltar Plan is to maximise the potential for generating wealth and employment through sustainable economic diversification, particularly in the areas of tourism, financial services, telecommunications, port and light manufacturing activities.
These funds are now available to support public and private sector projects which meet the eligibility criteria for Structural Funds support. The Programme provides an opportunity for Small and Medium Sized Enterprises to reap substantial benefits.
Anyone businessman or investor interested in obtaining further information on EU funded Programmes should contact the EU Unit or the Business Advisory Unit of the Department of Trade, Industry and Telecommunications at Suite 771, Europort, Tel. No: 52052.
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