Corvin Castle will be restored with European funds worth 21,884,908.73 RON, and the duration of the works is over 5 years, according to information from the Ministry of Regional Development, Public Administration and European Funds, MDRAPFE.
The value of the non-reimbursable financing allocated by MDRAPFE-AM POR is 21,447,210.55 RON, representing 98% of the project value.
After the completion of the restoration, it is estimated that the number of visitors will increase by 86,896 tourists, from 220,766 visitors/year to 347,662 visitors.
The project will be implemented through the Regional Operational Program 2014-2020, Priority Axis 5 – Improving the urban environment and the conservation, protection and sustainable capitalization of cultural heritage, Investment Priority 5.1 – Conservation, protection, promotion and development of natural and cultural heritage.
Source: Ziarul Financiar
Frequently Asked Questions
What is the total investment for Corvin Castle?
The total investment for the restoration of Corvin Castle is approximately 22 million RON, with 98% funded by European grants.
How long will the restoration project take?
The restoration works are scheduled to take place over a period of more than 5 years.
What is the expected impact on tourism?
The project aims to increase the annual number of visitors by nearly 87,000, reaching a total of over 347,000 tourists per year.