BR Exclusive. Laurian Lungu (FIC): Romania's growth pillars for the next 20 years

BR Exclusive. Laurian Lungu (FIC): Romania’s growth pillars for the next 20 years

To secure growth in the next two decades, Romania should pay attention to three pillars with significant potential to help the economy, suggested Laurian Lungu, economic advisor FIC & co-founder CPAG.

He said FIC estimates that Romania has the potential to become the 10^th largest economy by 2036, so any long-term project needs a proper vision.

Three main pillars to sustain growth over the next 20 years: infrastructure, human capital and private and public sector increased efficiency

“Three main pillars to sustain growth over the next 20 years: infrastructure, human capital and private and public sector increased efficiency,” said Lungu during the first day of the Foreign Investors’ Summit (FIS).

He went on to say that an investment made today in one pillar will payoff in a decade.