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PROJECT TITLE : CONSTANTA INTERNATIONAL FAIR

PROJECT TITLE : CONSTANTA INTERNATIONAL FAIR. APPLICANT: CONSTANTA COUNTY COUNCIL. APPLICANT: CONSTANTA COUNTY COUNCIL. APPLICANT: CONSTANTA COUNTY COUNCIL. STRENGTHS OF CONSTANTA COUNTY. The largest port on the Black Sea and the fourth in Europe

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PROJECT TITLE : CONSTANTA INTERNATIONAL FAIR

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  1. PROJECT TITLE:CONSTANTA INTERNATIONAL FAIR APPLICANT: CONSTANTA COUNTY COUNCIL APPLICANT: CONSTANTA COUNTY COUNCIL APPLICANT: CONSTANTA COUNTY COUNCIL

  2. STRENGTHS OF CONSTANTA COUNTY • The largest port on the Black Sea and the fourth in Europe • Relatively well developed transport infrastructure • Accommodation facilities and tourist resorts • Second county in Romania for total number of registered enterprises

  3. MAIN OBJECTIVE • Contribute to growing regional economic attractiveness, by multiplying the business opportunities within the region

  4. SPECIFIC OBJECTIVES Inter-firm cooperation development Increased potential for accessing foreign markets Improving competitive environment

  5. THE INVESTMENT • Land 6,000 square meters • Constructions 4,511 square meters • Available equipped space 7,623 square meters, including: • Exhibition hall 4,883 square meters • Conference Centre 205 seats

  6. FINANCIAL AND ECONOMIC INDICATORS • NET PRESENT VALUE = 13139121 EURO • INTERNAL RATE OF RETURN =32,6 • BENEFIT/COST RATIO = 1.605

  7. PROJECT BENEFITS • Jobs directly created 175 • Job indirectly created 300 • Development benefits: important, although not quantifiable

  8. Total estimated investment 8.075 Meuro • Of which Phare non reimbursable assistance 5.000Meuro • National Funds 1.667 Meuro • Constanta County Council 1.408 Meuro

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