Coal millions in danger: Neumann warns of failed projects!

Coal millions in danger: Neumann warns of failed projects!
Altenburger Land, Deutschland - In Altenburg, the coal million projects face major challenges. Mayor André Neumann (CDU) has now critically commented on the feasibility of numerous projects. As [lvz.de] (https://www.lvz.de/lokales/altenburger-land/kohlemillions-altenburgs-oberbuermeister-andre-neumann-kranzt-frojekt-ab-e-e-e-e-e-e-e-e-e-e-E-EMFEV7FEV7flt72gul4oa54.html?outPuttype=valid_amp) reports only for the Industrial Park Altenburg/Windischleuba and the Nobitzer project for autonomous driving real opportunities for funding. His skepticism is above all for the other requested projects that apparently do not meet the requirements and will therefore be difficult to fight for approval.
Among the projects concerned are the educational and service center 4.0 of the AWA, the expansion of the tourist infrastructure on Lake Haselbacher in Meuselwitz, the future-related tubator at Altenburger Hospitalplatz and a creative center in the former button factory in Schmölln. Neumann has made it clear that the chances should be faltered if there were no funds.industrial park with permission and civil protests
A ray of hope could be the Altenburg industrial park, which has already been approved at federal level. But here too there are hurdles: in order to be able to start developing, a project contract between the state of Thuringia and the state development company (LEG) is required. Neumann is dissatisfied with the lack of signature of the LEG and hopes that it will soon be submitted.
Another point that is worried is the financing of the industrial park. The city cannot currently pay the own share of 8 million euros for the overall project with costs of 50 million euros. There are also protests and a citizens' initiative that is committed to the industrial park.
support from the investment law
The Altenburger Land are available under the Investment Act Kohleregions (InvKG) up to 90 million euros in funding, as reports wirtschaft.thueringen.de. This part of the Structural Strengthening Act actually only came into force in 2020, aims to promote economic growth and to support structural change. In particular, regions affected by the coal phase -out should benefit from this.
the federal and state governments have already decided in a coordination committee to clever the effects of structural change. As explained [bmwk.de] (https://www.bmwk.de/redaction/de/textsammlungen/wirtschaft/structure sternation law-kohleregions.html), up to 26 billion euros are planned for the development of these regions by 2038. The aim is to create jobs and support companies in the affected areas.
Nevertheless, the question remains whether the selected projects in Altenburg have the hoped -for effect and the country can actually develop into an innovative and attractive region. It remains exciting to observe how the situation develops and which projects can ultimately be realized.
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