Romania Remains a Stable and Attractive Investment Destination, Says PM Ciolacu

Romania is a "safe and politically and economically stable country" focused on investment and reforms, Prime Minister Marcel Ciolacu stated during a meeting with World Bank officials on Tuesday, CE Report quotes Agerpres

He emphasized Romania's role as a regional pillar of security and economic stability for Europe and its Strategic Partnership with the USA. The government remains committed to implementing reforms under the National Recovery and Resilience Plan (PNRR) and aims to join the Organisation for Economic Cooperation and Development (OECD). These efforts seek to enhance government revenue collection, improve healthcare and education services, provide affordable energy, and modernize transport infrastructure. Ciolacu reaffirmed the World Bank as a key partner in achieving these objectives.

Key priorities for the government include public sector reorganization and administrative-territorial restructuring. The meeting also reviewed healthcare and emergency management projects, such as constructing three major medical centers in Timisoara, Bucharest, and Targu Mures, completing 12 radiotherapy centers, and upgrading intensive care and emergency services.

For 2025, the government has allocated a record RON 150 billion for investments, focusing on infrastructure, agriculture, industry, and construction. Ciolacu highlighted the importance of public-private partnerships alongside national and European funds to drive development.

World Bank officials welcomed Romania’s reform agenda and investment focus, acknowledging the country as a strong and resilient partner. Executive Director Eugene Rhuggenaath expressed confidence in expanding collaboration in energy, green transition, and infrastructure. The World Bank also praised Romania’s support for Moldova and Ukraine and its role in regional stability.