The Swiss federal government's New Regional Policy came into effect at the beginning of 2008. To mark the introduction of this new policy, the State Secretariat For Economic Affairs (SECO) on Friday released a brochure setting out plans for future regional development funding.
The federal government's New Regional Policy is designed to make mountainous, outlying and border regions more attractive places for business.
The New Regional Policy replaced the three previous development programmes, IHG (Investment Aid Act), Regio Plus and Interreg.
The starting point for the actual implementation of regional policy is the federal government's programme for the period 2008-2015. The cantons set out their priorities and goals in terms of core regions and themes in cantonal implementation programmes on the basis of this long-term programme.
The federal government assesses the basic strategic orientation of the developments planned by the cantons and the cantons are responsible for the choice of projects.
The federal government has an annual budget of CHF 40 million for project promotion. A further CHF 50 million has been earmarked for refundable loans toward infrastructure. The contribution of the cantons towards the programmes must at least match that provided by the federal government.
According to SECO, by the end of December 2007, twenty-two cantons had submitted implementation programmes and funding applications for the period 2008-2011.
The federal government and the cantons determine the priorities together and establish service agreements. Agreements have already been signed with the cantons of Graubünden and Jura.
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