Romanian govt. wants to create a Silicon Valley in Cluj

Cluj could be the place for a small town of the type Silicon Valley in the United States, an “agglomeration of IT businesses” which could attract large international companies. These plans were voiced by Lucian Isar, minister-delegate for the business environment.

“Our proposal for Cluj, based on the evolution of the city, the potential and the human capital, is that we wish to start a Silicon Valley,” said Isar, who explained that large international companies will serve as “anchors” and a small town will be built around these anchors.

“You have fundamental advantages, and we feel the business environment would want such a level of business in Cluj, which the state can facilitate,” said Isar.

He explained that the Ministry of Economy will facilitate “access to European financing, state warranties, foreign investors. The state can talk to the private sector and transmit “who wants to go into this business,” there will be a transfer of credibility from the state to Cluj, so that external partners can enter such a formula. We show them the project and tell them we are developing such a park here, tell them about the region and its advantages and invite them to Cluj,” said Isar.

 Otilia Haraga

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