State will turn hundreds of hectares land in Ida-Virumaa into an industrial zone, in hope to get investments for amount of EEK 12 bln and establish 4000 new jobs in 10 year, Lauri Linnamäe writes in Postimees.
According to the draft the state and local municipalities will give 900 hectares of land, which doesn’t have a detail plan, to a fund which will be established.
“Many big companies from Germany and Sweden, for instance, haven’t come to that area, since the state has plenty of unused, unreformed land. Local municipalities have been forced to turn them down since there’s no reformed land which would have a detail plan,” Regina Raukas, executive officer from Economic Policy division at the Ministry of Economic Affairs and Communications said.
Planning and establishing necessary infrastructure would cost EEK 200 mln of which most should come from EU funds.
The incomes of three already existing industrial parks and EEK 2 mln by four local municipalities should be own financing and cover initial operating costs.
Narva, Jõhvi, Kohtla-Järve and Kiviõli will join that fund to be established, cooperation agreements will be signed with Sillamäe and Püssi. Jõhvi Tööstuspark (industrial estate), Narva Tööstuspark and Püssi Tööstusala Arendus (development of industrial area).
The state and local municipalities hope to bring in logistics and transportation companies, which would get suitable employees and transportation.
“It’s hard to tell, how the investment curve will change, but we’re in the fog for the near future. Industrial park is an endeavour with long horizon. Ida-Virumaa has potential and investor needs completed environment,” Juhan Parts, the Minister of Economic Affairs and Communications said.