Romania sets ambitious investment plan exceeding 60 billion euros for future growth

Romania is preparing a national investment plan with an estimated allocation of over 60 billion euros, aiming to boost various sectors from agriculture to infrastructure. This plan is designed for the period between 2028 and 2034 and will be submitted informally to the European Commission by December 31, 2027.

The government intends to support agriculture, rural development, healthcare, and education as part of this extensive initiative. A significant objective includes enhancing Romania's infrastructure, particularly in the eastern regions, with investments directed towards the Port of Constanța, border points, railways, energy, and logistics.

Premier-designate Luca Niculescu emphasizes the importance of complementing EU funds with national resources, ensuring a strong and predictable Common Agricultural Policy. The program also aims to improve access to competitive European financing, leveraging resources like the European Fund for Competitiveness and the Horizon Europe program.

In addition to infrastructure, the government plans to invest up to 1.5 billion euros to reduce water loss and 800 million euros for wastewater treatment and sewage systems. Administrative tasks are expected to see a reduction of at least 25%, with authorization timelines cut by a minimum of 30%.

Within the first 100 days of its mandate, the government aims to adopt a package of measures to simplify access to European funds, which will benefit at least 10,000 SMEs. Furthermore, travel facilities for students, pupils, and pensioners will transition to a unified electronic system.

The proposed government also plans to accelerate investments in specific counties, including Hunedoara, Gorj, Dolj, Mureș, Galați, and Prahova. As the country prepares to request an additional 22 billion euros from cohesion funds, the current absorption rate stands at 28.5% as of September 30, 2026. By 2028, Romania aims to fully meet its domestic pork production requirements, showcasing a commitment to self-sufficiency and agricultural growth.