Enterprise Estonia has decided to provide a total of €19.5 million to 29 projects aimed at strengthening regional competitiveness in six of Estonia's 15 counties, including 13 projects in the field of tourism.
The 29 projects are expected to generate approximately 650 new jobs in Hiiu, Lääne-Viru, Pärnu, Rapla, Saare and Võru Counties by 2023.
"With these investments, we are supporting projects which will first and foremost help create new jobs and increase business activity in their regions," Minister of Public Administration Jaak Aab (Center) said in a press release. "The investments will also help improve the availability of services and the living environment outside of the metropolitan areas of Tallinn and Tartu."
According to Enterprise Estonia board member Sigrid Harjo, the projects in regional competitiveness are expected to generate some 650 new jobs by 2023, with the greatest number of jobs to be created in Sauga Technology Park and the Rukkilille industrial area in Paikuse, both located in Pärnu County, and the Ogrita industrial area in Rapla County.
Harjo said that with the help of the subsidy, there are plans to develop public infrastructure in ten industrial areas, where 65 businesses are active already. In addition, money will be given to help finance the construction of a link between Kase and Ehitajate streets in the port city of Pärnu to improve access to the new Metsa Wood plywood factory.
Thirteen of the projects to be supported are in the field of tourism.
"The aim of the investments in tourism is to develop tourist sites emphasizing the specific traits of regions, in order to bring guests to places further away from Tallinn. We wish to prolong the period of time that tourists spend in the region so that the effect from their stay would reach as many businesses in the region as possible, and also accommodation and catering businesss could offer their services," Harjo said.
The investment support for strengthening regional competitiveness is co-financed by the European Regional Development Fund (ERDF).
Editor: Aili Vahtla