Why invest in Bucharest-Ilfov Region? Liviu Rancioaga, ADRBI
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1 Why invest in Bucharest-Ilfov Region? Liviu Rancioaga, ADRBI
2 Romania NUTS II Regions
3 Bucharest-Ilfov at a glance One of the 276 EU NUTS 2 regions - Bucharest Capital City, with 6 districts - 8 towns - 32 communes - 91 villages
4 Regional gross domestic product (PPS per inhabitant) (I) Bucharest-Ilfov GDP stands at 136% of the European average Source: Eurostat 2015 (published 2017)
5 Regional gross domestic product (PPS per inhabitant) (II) the 3 rd richest in the Eastern part of the EU - GDP per capita in PPS (39,400 ) Source: Eurostat 2015 (published 2017)
6 Regional gross domestic product (PPS per inhabitant) (III) Source: Eurostat 2015 (published 2017)
7 Bucharest-Ilfov urbaniztion
8 Bucharest-Ilfov area&population BI Region Bucharest Ilfov % of BI Region in Romania Area km % 86.9% 0.76 Population inh % 17.11% 11.29
9 European cities with highest population density
10 Structure of the BI economy
11 The balance of foreign direct investment 31 st December 2016, Souruce: National Bank of Romania
12 Foreign direct investment in greenfield enterprises 31 st December 2016, Souruce: National Bank of Romania
13 Industrial parks 72 industrial parks are spread across Romania, placed under both private and public ownership, most offering capabilities suited for industries like aerospace, IT&C and industry. 2 industrial parks in BUCHAREST-ILFOV REGION METAV Park In the North SEMA Park In the West Source: investromania.gov.ro
14 TomTom Traffic Index congestion worldwide cities, 48 countries - Bucharest: 5 th world rank - 50% increase in overall travel times compared to a Free Flow situation EXTRA TRAVEL TIME +57min PER DAY +218h PER YEAR Sursa:
15 TomTom Traffic Index congestion Europe Sursa:
16 Sustainable Urban Mobility Plan for Bucharest-Ilfov Region (SUMP) (I) YOU ARE THE TRAFFIC!
17 Sustainable Urban Mobility Plan for Bucharest-Ilfov Region (SUMP) (II) An instrument of development policy, complementary to the General Urban Plan (GUP), Romania's General Transport Master Plan, Bucharest-Ilfov Regional Development Plan All the local authorities from Bucharest City and Ilfov Council (48 entities) The mail goal: Achieving an efficient, integrated, sustainable and safe transport system that promotes economic, social and territorial development and ensures a good quality of life.
18 Sustainable Urban Mobility Plan for Bucharest-Ilfov Region (SUMP) (III) A plan for people, not for cars 7 bill. euros investments Approved by General Council of Bucharest, March 27 th, 2017 Approved by Ilfov County Council, April 26 th, 2017
19 Sustainable Urban Mobility Plan for Bucharest-Ilfov Region (SUMP) (IV) SUMP, mandatory for the implementation of the projects by the Regional Operational Program (REGIO) and the Operational Program for Infrastructure (POIM) Strategic objectives: 1. Accessibility for people from A to B; 2. Improving safety and security while traveling; 3. Environmental protection - reducing pollution, greenhouse gas emissions and energy consumption - promotion of nonmotorized transport and public electric transport; 4. Economic efficiency 5. Urban quality
20 Institutional framework SUMP Measures Set-up the Transport Authority at regional level Reorganization of RATB from self-managed public company / Autonomous Regie to commercial company of the city hall; conclude a public service contract according to the Regulation 1370/2007; Integrated ticketing system; integrated transport management system Set up a training center Training programs for traffic safety and security 20
21 Investment projects SUMP Measures Extension and modernization of the metro network Rehabilitation and extension of the surface public transport network (acquisition of 100 trolleybuses and 300 trams; the extension of the tramway infrastructure with 41 km double track; the rehabilitation of approximately 1800 stations) Parking policy The construction of underground car parks Park & Ride Pedestrian areas Developing bicycle utility infrastructure List of approved projects: 21
22 Three major projects to be implemented in the region for the period Name Operational Programme Specific objective Extreme Light Infrastructure - Nuclear Physics (ELI- NP), phase II Rehabilitation of railway line Bucharest-Henri Coandă Airoport Metro line 5 Râul Doamnei Eroilor section, including Valea Ialomiței Competitiveness O.P Large Infrastructure O.P (priority axis 1) LIOP (priority axis 1) Strengthening the research, technological development and innovation Promoting sustainable transport and reducing bottlenecks in transport networks Improve the environment and supporting sustainable development
23 Support the access to innovation center Develop urban area ex: Laser Valley Magurele Extreme Light Infrastructure - Nuclear Physics (ELI-NP) Budget Total: mil Euro MAGURELE SMART CITY - European Project - Extreme Light Infrastructure (ELI) will be the only European and International Centre for high-level research on ultra-high intensity laser, laser-matter interaction and secondary sources; A large Innovation park is under development next to ELI It is located in the south vest part of Bucharest More then high tech jobs will be created and more then 1000 foreign experts will work in Magurele
24 Financing through EU Funds Human Capital Operational Programme Jobs for Youth employment initiative Improving the situation of NEETs Jobs according to National Competitiveness Strategy and The National Strategy for Research, Development and Innovation Social inclusion and combating poverty Community Led Local Development (CLLD) Education and skills Technical assistance Regional Operational Programme 12 priority axes in RO 5 priority axes in B-I. Region Low-carbon economy - energy efficiency in buildings, public lighting and urban mobility Urban regeneration Developing cultural heritage County road infrastructure CLLD infrastructure Educational infrastructure Competitiveness Operational Programme Investments projects for R&D department of enterprises Investment projects that creates R&D synergies with Horizon 2020 Innovative projects, which will achieve an innovative product (both for goods and services)
25 Cost of living Maintaining the same standard of life from with a salary of in Bucharest, you need a monthly salary of Vienna 3,400 Euro 51.47% London 4,500 Pounds 33.17% Berlin 3,100 Euro 55.48% Paris 4,300 Euro 40.81% Prague 59,000 Czech Koruna 80.14% Warsaw 8,800 Zlots 85.34% Budapest 630,000 Forints 85.93% Source: & February, 2017
26 Cost of living (II) Unemployment: in Bucharest : 0,5 2% Cost of living index in Bucharest is 48.18% lower than in Brussels. Bucharest has a cost of living index of (consumer prices, rent restaurant, groceries prices) Cost of living rank 401 st out of 517 cities in the world / 150 th out of 184 cities in Europe. Source: February, 2017
27 Education Top 3 University Centers: Bucharest - 33 Universities Cluj - 10 Universities Iasi - 10 Universities Number of graduates/university center ( 000, 2014) The predominant languages in universities are: 90 % 26 % 17 % 8%
28 Source: InterNations, InvestRomania 2016 New communities
29 Romanian initiatives concerning Smart cities Romanian Association for Smart City and Mobility -- Development of Smart City industry in Romania -- A community network of citizens, companies and public institutions -- Association Smart City Pro Academic conferences on smart city National University of Political Studies and Public Administration, Faculty of Public Administration University Politehnica of Bucharest Private initiatives Association for Metropolitan Mobility ETL Mobility Cluster
30 THANK YOU FOR YOUR ATTENTION! BUCHAREST-ILFOV REGIONAL DEVELOPMENT AGENCY Intermediary Body for Regional Operational Programme 163 M. Eminescu Street, Bucharest, Romania Phone /Fax: ; Phone helpdesk: contact@adrbi.ro; liviu.rancioaga@adrbi.ro / adrbi
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