European Regional Development Fund & Cohesion Fund

Operational Programme I (OPI), titled ‘Investing in Competitiveness for a Better Quality of Life’, was originally approved by the Commission on the 26 June 2007. Operational Programme l​ was approved by the Commission in March 2014. The Programme is co-financed by the European Regional Development Fund (ERDF) and the Cohesion Fund (CF).  The Managing Authority for OPI is the Planning and Priorities Co-ordination Division (PPCD).

Financial Allocation

OPI has a total budget of € 856,615,355. This consists of:

​ERDF € ​522,327,096
​Cohesion Fund €​ 334,288,259
​National Funds ​€  128,492,304

 

Through ERDF and the Cohesion Fund, OPI aims to develop and generate economic growth based on encouraging competitive economic activities and strengthening Malta’s physical infrastructure, leading to a better quality of life for Maltese citizens.  The EU co-financing rate for OPI is 85%.


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