Investment fund for SDR projects promising

Kwaliteitsdienst ArcelorMittal

The province of Zeeland and SDR have jointly initiated a study exploring the possibility for an investment fund to fund smaller industrial infrastructure projects in Zeeland. The study was conducted by Rebel Group.

Results from the study have indicated the potential for such as fund is present. Through the proposals by the Committee for Economic Structural Enhancements Zeeland (Balkenende Committee) the Ministry of Economic Affairs has since allotted €1mln for the fund.

A proposal has been put towards Zeeland’s Provincial States to set up a €10mln fund to finance industrial SME projects. The €1mln contribution from the Ministry of Economic affairs makes it possible to establish this fund.