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Lithuania

Operational Programme 'Economic Growth'

Programme co-funded with resources from the European Regional Development Fund (ERDF) and the Cohesion Fund (CF) under the Convergence objective

The European Commission approved this major development programme for 2007-2013 on 30 July 2007. The programme involves Community support for the whole of Lithuania within the framework of the Convergence objective.

Total budget: around €3.88 billion.

Community assistance: €3.09 billion (approximately 45 % of total EU funding to be invested in Lithuania under Cohesion policy 2007-2013), ie 80% of the total budget.

1. Purpose of EU investment

To speed up economic growth in the long term so as to close the development gap between Lithuania and the EU average.

Main objectives:

  • Increase the share of high value added businesses
  • boost productivity, particularly by creating favorable conditions for innovation and small and medium enterprises (SMEs)
  • improve the efficiency of economic infrastructure.

2. Expected impact

  • attract private investment worth €735.5 million
  • build/rehabilitate 1165 kilometres of roads (of which 315 km Trans-European Networks-TEN)
  • build/rehabilitate 220 kilometres of railroad (of which 170 km TEN)
  • create 650 jobs in research
  • create 15 new technology-based firms
  • support 4300 enterprises by financial engineering measures
  • increase broadband network penetration to 95 % of the population

3. Priorities

The programme is structured according to the following priorities:

Research and development (R&D) for competitiveness and growth of the economy

  • reinforce public and private R&D facilities
  • boost efficiency of R&D in the public sector as well as its accessibility to business
  • intensify R&D in the private sector
  • improve the environment for R&D dissemination, promote cooperation between business and research in the field of R&D.

Increasing business productivity and improving environment for business

  • Boost productivity
  • Improve viability of businesses and promote entrepreneurship
  • improve access to financing sources for SMEs
  • adapt public territories for investment attraction purposes.

Information society for all

develop electronic solutions to increase efficiency of public sector institutions and to enforce e-business initiatives, and (b) establish an even, secure electronic networks infrastructure for the country.

Basic economic infrastructure

  • provide technical feasibility and environmental preconditions for the integration of the Lithuanian electricity and gas markets into the single electricity and gas markets of the EU
  • improve reliability and safety of energy supply
  • implement engineering measures for traffic safety
  • improve technical parameters of transport infrastructure of national and regional significance
  • develop regional water transport infrastructure.

Development of trans-European transport networks

  • develop land transport infrastructure links with other EU Member States and third countries and adapt Trans-European Transport network (TEN-T) to growing traffic intensity
  • improve utilisation potential of Klaipeda Seaport
  • develop infrastructure capacities of Lithuania's international airports
  • improve safety standards to reduce accident rates and congestion in the TEN-T network.

Technical assistance

  • ensure effective functioning of management and control system of the programme
  • improve awareness of potential beneficiaries, beneficiaries and partners on the assistance provided by the programme as well as the results of its implementation
  • carry out evaluation activities.

4. Managing Authority

Ministry of Finance of the Republic of Lithuania
J. Tumo-Vaižganto g. 8a/2
LT-01512 Vilnius
Web: Ministry of Finance

Financial and Technical information

Title : Operational Programme 'Economic Growth'

Intervention Type : Operational Programme

CCI no : 2007LT161PO002

Number of decision : C/2007/3740

Final approval date : 2007-07-30

Breakdown of finances by priority axis
Priority Axis EU Investment National Public Contribution Total Public Contribution
Research and development for competitiveness and growth of the economy 534 187 373 94 268 360 628 455 733
Increasing business productivity and improving environment for business 605 529 144 106 858 084 712 387 228
Information society for all 240 086 875 42 368 272 282 455 147
Basic economic infrastructure 586 758 740 103 545 660 690 304 400
Development of trans-European transport networks 1 087 466 598 199 816 128 1 287 282 726
Technical assistance 44 824 795 0 44 824 795
Total 3 098 853 525 546 856 504 3 645 710 029
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