Fin.Min: We have 40,000 investment project already started

The ministries will prioritise their investment projects for 2011-2012, because Romania would have to spend its budget for the next ten years only to finalise the 40,000 investment projects already started, Finance Minister Sebastian Vladescu said on Wednesday.

‘Each ministry will inform about the developments in their investment projects for the next three years. There are 40,000 investment projects already started, and we will need the entire budget of Romania for the next ten years to finish them all. The prime minister has asked that a priority list be drawn up for 2011-2012. From now on, only the investment projects which financing is secured for their entire life will be started,’ Vladescu explained.

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