President of BGK Beata Daszyńska-Muzyczka awarded for supporting the Three Seas Initiative
The Programme Committtee of Local Government Economic Congress and II Three Seas Initiative Forum of Regions awarded the CEO of Bank Gospodarstwa Krajowego Beata Daszyńska-Muzyczka for her involvement in the Three Seas Fund development and intensive economic promotion of the Initiative.
The president of BGK received the award from Jacek Sasin - Deputy Prime Minister, Minister for State Assets and Jarosław Stawiarski – Marshall of the Lubelskie Voivodeship.
“I would like to thank the Programme Committee for this special award. Bank Gospodarstwa Krajowego is the initiator, co-founder and main investor of the Three Seas Fund which is the financial drive for the Three Seas Initiative. The Fund is an important step to closer economic relations that are the key for further development of the region. I am convinced that the Three Seas will continue to grow stronger and will be more and more important on the political and economic map of the world” – says Beata Daszyńska-Muzyczka, the president of BGK.
Local Government Economic Congress, II Three Seas Initiative Forum of Regions was held in Lublin at the end of June. The aim of the event was to strengthen the cohesion of European Union regions through enhancing the socio-economic and scientific cooperation of local governments of Central and Eastern Europe countries, participating in the Three Seas Initiative i.e. Austria, Bulgaria, Croatia, Czech Republic, Estonia, Lithuania, Latvia, Poland, Romania, Slovakia, Slovenia and Hungary.
The constitutive act of the Three Seas Fund was signed in May in 2019 upon the initiative of BGK and in cooperation with Romanian EximBank. Nowadays there are 9 countries from the Three Seas region involved and EUR 1 billion is the overall commitment of investors. The Fund will ultimately have at its disposal from EUR 3 to 5 billion, investing in the projects of total worth up to EUR 100 billion. The Three Seas Initiative Investment Fund funds are complementary to the public money and European Union funds. Institutions representing the Three Seas countries, international financial institutions and private investors may be the investors in the Fund.