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Slovenia Business Week no. 07: Economy Ministry Unveils Future Plans

The Economy Ministry presented its future plans, highlighting the next stage in the privatisation process and the drawing of funds from the new EU financial perspective as its key priorities

The Economy Ministry presented its future plans on Monday, 5 February, highlighting the next stage in the privatisation process and the drawing of funds from the new EU financial perspective as its key priorities.

Looking back at the achievements of the past two years, Economy Minister Andrej Vizjak said that the ministry had managed to modernise its policies and turned from restructuring projects to development measures.

Vizjak told the press that the multiplying effects of measures for boosting foreign investment, competitiveness of companies and construction of tourism infrastructure are becoming ever more visible. These measures created 300 new jobs in 2003, 900 in 2005 and 4,200 in 2006.

Presenting future plans, Vizjak turned first to the Directorate for Electronic Communications, highlighting the setting up of a national broadband network as one of its key tasks.

He added that people who invested into the public telephone network, now owned and operated by Telekom Slovenije, would be compensated this year as part of the privatisation of the telco.

The Directorate for Entrepreneurship and Competitiveness will focus on the phasing of EU funds as well as draw up the bill on the regulation of a supportive environment for entrepreneurship and a bill dealing with venture capital.

Also concentrating on EU funds will be the Tourism Directorate, which will also monitor the implementation of the tourism development plan for 2007 - 2012. Vizjak highlighted the airline sector as one of the key areas of the plan.

The Energy Directorate will meanwhile handle the ministry's cooperation in major investment projects of Slovenia's energy companies.

Vizjak also explained that the systemic and business sides of the energy sector in Slovenia would be divided, with the state planning for one system operator and five distribution companies.

Finally, the Directorate for Foreign Economic Relations will continue setting up Slovenian representation offices abroad.

Source: Slovenian Press Agency STA

Author: STA, Slovenian National Press Agency