The Commission has approved the largest cross-border cooperation program of the European Union for the period 2021-2027, called “Interreg” program “POCTE” for cooperation between the cross-border regions of Spain and Portugal. This program will receive an EU contribution of more than 320 million euros for the period 2021-2027.
ELISA Ferreira, Commissioner for Cohesion and Reforms, said:
“I am pleased that the largest cross-border cooperation program in Europe has been approved. Many of the challenges currently facing Europe’s regions can only be addressed through enhanced regional cooperation. The POCTEP program harnesses the full potential of cooperation between the border regions of Spain and Portugal, will create jobs, boost the climate and energy transition and ensure better healthcare for the people living in these regions.”
The program will support, among other things, cross-border cooperation through networks of small and medium-sized enterprises to improve research and knowledge transfer. It will also finance projects to improve the energy efficiency of public buildings and support sustainable tourism, the preservation of cultural heritage, the improvement of health infrastructures and vocational training for people living in cross-border regions.
European territorial cooperation (ETC), better known as “Interreg”, is one of the two objectives of cohesion policy and provides a framework for the implementation of joint actions and policy exchange between national, regional and local actors from different Member States.
The approval of this 30th Interreg program, adopted for the period 2021-2027, involves the allocation to Interreg of more than 4 billion euros of funding under the European Regional Development Fund.
More information: Representation of the European Commission in Spain – Press Release