Boost of millions of Euros for Wetsus water institute

The Wetsus water institute will get enough money from the State to continue to do research until at least 2017. Until then, the Ministry of Economic Affairs will invest 19 million Euros in the institute. That sum comes from the money given to the North as compensation when plans for the Zuider Zee Line - a new railway link between Amsterdam and Groningen - were cancelled. This boost of millions of Euros also paves the way for applying for European subsidies.

Friesland can spend a total of 213 million Euros from that package. Minister Verhagen can decide on 57 million Euros from that amount. According to the ministry, this reciprocates the 13 million Euros invested by the Province of Friesland and the Municipality of Leeuwarden in the institute. The money will be used, for instance, for new accommodation.

According to Johan Boonstra, financial director of Wetsus, it is now also easier to attract European subsidies. All in all, this makes Wetsus into an interesting party for the corporate sector.

Source: Leeuwarder Courant, 20 January 2012