CEZ Group | Prague investing CZK 2.74bn into innovative projects

Prague investing CZK 2.74bn into innovative projects

7. 6. 2018

The overall budget for Prague projects focused on innovation, security, the environment and education totals CZK 2.74bn.

(ČIA) The overall budget for Prague projects focused on innovation, security, the environment and education totals CZK 2.74bn. At present the project management department at the Prague Magistrate manages 38 Czech and eight international projects. Most of them are largely financed from EU funds. The magistrate contributes a sum of CZK 750.22m. The capital city is getting a further CZK 193.66m from the state budget. Two thirds of the 46 generally three-year projects commenced in 2017 and most of them will end in 2020. The most important ones include the Digital flood plan for the Capital City of Prague and Operative management during floods.