The Ministry has already spent 100 million euros of a loan takenout in 2006 from the CEB, which matured in 2009, but was extendeduntil 2011, with the value of the financing rising from 116 millioneuros to 300 million euros. Considering the Ministry of RegionalDevelopment and Tourism and the Ministry of Transport are yet tostart tenders for major investment projects, builders have to makedo with smaller projects, such as rehabilitation of heritagebuildings. In fact, the tenders organised by the Ministry ofCulture attracted the interest of some of the largest constructioncompanies. The projects will create hundreds of jobs and willgenerate demand for products from suppliers of finishing materials.
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