Ungheni and Edineț included in European program for urban development and investment attraction
The municipalities of Ungheni and Edineț have been selected to participate in the City Financial Advisory Program, a European initiative aimed at supporting sustainable urban development and local economic growth. The program is part of the Mayors for Economic Growth (M4EG) initiative, funded by the European Union and implemented by UNDP Moldova, and provides support to municipalities in prioritizing projects and attracting strategic investments.
Through this selection, the cities benefit from technical and financial expertise for the development and preparation of priority projects, as well as access to grants of up to 60,000 US dollars. The funds are intended to support planning processes and investment preparation, in order to turn identified projects into concrete opportunities for economic and social development.
“The City Financial Advisory Program aims to create sustainable and resilient communities by providing municipalities with tools and recommendations for identifying and prioritizing impactful projects; developing strategies to attract public and private financing; strengthening the administrative and financial capacity of local authorities; and stimulating local economic development and urban infrastructure,” explains the EU Delegation to Moldova.
The participation of Ungheni and Edineț in this program represents a major opportunity to modernize urban infrastructure and attract investments, in line with European best practices. In addition, the implemented projects will help improve the quality of life of citizens and support the sustainable development of the municipalities, while strengthening community resilience to economic and climate challenges, the cited source notes.
Through these initiatives, the European Union and UNDP Moldova support local authorities in transforming cities into smart, efficient, and competitive urban centers, with solid strategic planning and well-targeted investments.
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