The border regions of Cahul and Ungheni will benefit from a new project for which the Government today started formal proceedings to receive funding from the European Commission.
The project aims to create political, economic and social conditions to increase capacities of both women and men to achieve better living standards and higher-paying jobs in the selected pilot regions.
Focus will be on a specialization of economy in these two regions, on improving workforce productivity, creating new jobs for young people and men by fostering entrepreneurship.
The project costs are estimated at €23.5 million, with €0.5 offered by the United Nations Development Program and the rest by the European Commission.
The implementation period is 96 months and the operational implementation period is 72 months.
