Bartoš: Czechia needs to speed up regional development

The process of establishing equal living standards across regions in Czechia needs to be sped up, especially since the country will not be able to rely on EU funding forever into the future, Regional Development Minister Ivan Bartoš said in an interview with the Czech News Agency. He added that relevant projects should therefore also seek private funding and that the relevant investments need to be applied in a more targeted way.

Around CZK 117 billion have been allocated to the ministry as part of the relevant Integrated Regional Operations Programme (IROP) for the years 2021 to 2027. The money is used to develop the country’s regions.