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.
2. Expected impact
The programme is structured according to the following priorities:
Research and development (R&D) for competitiveness and growth of the economy
Increasing business productivity and improving environment for business
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
Development of trans-European transport networks
4. Managing Authority
- Ministry of Finance of the Republic of Lithuania
- J. Tumo-Vaižganto g. 8a/2
- LT-01512 Vilnius
- Web: Ministry of Finance
- 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|