EU funding for Ugar business zone in Ribnica

Government Office for Development and European Cohesion Policy, Managing Authority for ERDF, ESF and Cohesion Fund, has issued a grant decision for the project “Construction and reconstruction of community and road infrastructure in Ugar business zone” in Ribnica. The project worth EUR 2.4 million will receive European Regional Development Fund support in the amount of nearly EUR 1.5 million.    

The project aims to establish community infrastructure within the Ri4 Unit of the Ugar business zone with net surface of 6.07 hectares. The investment will support the renovation of transport infrastructure, construction of a pedestrian corridor and public lighting as well as the establishment of areas for stationary traffic. This will result in enabled access to the existing business facilities as well to the empty facilities and areas thus supporting the business activity within the Ri4 areas with the objective of enhancing the added value of SMEs and with the aim of creating new jobs. The project will result in new serviced sites within the business zone which will be suitable for the implementation of manufacturing, business and service activities.        

For more information, please refer to the Ministry of Economic Development and Technology and the municipality of Ribnica.