Methods Of Managing Touristic Investments Made By Local Public Administrations

When it was decided that the ineffective mines in the Jiu Valley should be closed, there began the economic fall of the region determined by a permanent decrease in the standard of living of the community. The only viable alternative to replacing coal exploitation was considered to be the development of tourism, the area having spectacular mountainous landscapes and natural resources which favour winter sports. In this context, the City Hall of Petrosani aimed to ensure, through the implementation of successive investment programmes, the efficient exploitation of the area Rusu-Parang-Slima. Along with the materialization of the investment, the municipality has to find the best solution of managing it, putting in balance all the options, and direct management, the delegation of administration to a company belonging to the municipality, a public private partnership or leaving the services on the hands of a private investor.