Interreg IIIB - South West (SUDOE)
Europe Programme
The participating
Member States are Spain, France (Aquitaine, Auvegne, Languedoc-Roussilon, Limousin,
Midi-Pyrenes and Potiou Charentes), Portugal and the United Kingdom (Gibraltar).
1. Objectives – These are: territorial development and urban systems;
development of economic, social and cultural links, transport links and information
society; heritage and the environment.
2. Financing – The co-financing available
from the EU under the European Regional Development Fund (ERDF) for this Programme for the
period 2000-2006 is €110 million (£68 million).
Gibraltar’s allocation for the Programme is some €0.85 million (£0.26
million). Of this total, €0.42 (£0.26
million is provided for by ERDF and a further €0.42 million (£0.26 million) is
provided by the Government of Gibraltar. (Using
an exchange rate of £1 = €1.62). The
Programme does not include any private sector contributions, any funds levered-into the
Programme would be additional to the public contribution.
The following table
summarises the total allocation and current commitment under each of the priorities.
Interrreg IIIB SUDOE Programme
2000 - 20006 Funding Allocation
(million pounds) |
| Priority |
Programme
Allocation |
Total Cost as
a % |
Gibraltar
Allocation |
ERDF |
State |
PS |
| 1 |
18,995,042 |
28.00% |
262,345 |
73,457 |
36,728 |
36,728 |
- |
| 2 |
18,316,648 |
27.00% |
|
70,833 |
35,417 |
35,417 |
- |
| 3 |
19,673,437 |
29.00% |
|
76,080 |
38,040 |
38,040 |
- |
| 4 |
5,427,156 |
8.00% |
|
20,988 |
10,494 |
10,494 |
- |
| 5 |
5,427,156 |
8.00% |
|
20,988 |
10,494 |
10,494 |
- |
| Total |
67,839,438 |
100.00% |
|
262,345 |
131,173 |
131,173 |
- |
|