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On 31 July 2013, the Ministry of Regional Development (MRD) and the Municipality of Razgrad concluded a grant contract under the project "Setting up modern urban environment, cultural, educational and social infrastructure in the town of Razgrad to guarantee integrated urban development". It was approved under Priority Axis 5, "Technical Assistance", Operation 5.3 "Setting up of capacity of the beneficiaries of the RDOP", Grant Scheme: BG161PO001/5-02/2012 "Support for the Subsequent Programming Period". The value of that project comes to 533 040 Bulgarian leva and will be implemented within a period of 18 months (from 31.07.2013 to 31.01.2015). Here are the expected results from the project: • Preparation of investment projects in full project readiness for application for financing with funds under the 2014‒2020 Regions in growth Operational Programme and • Drafting a list with "ready for financing" projects to be included in the integrated plan for urban regeneration and development of the town of Razgrad.