The aim of the project is to increase the amount of private investments in Rezekne city by investing for business development according to the economic specialisation of the territories defined in the municipal development programmes and based on the needs of local entrepreneurs. —Reconstruction of the section of Krasta Street from Dārzu Street to Pulkveža Brieža Street,-reconstruction of street lighting,-water supply and sewerage networks construction/reconstruction. The total cost of the project is EUR 1343332.22, including EUR 1080077.76 eligible costs, which are financed by the following financial sources:-ERDF EUR 816362.19, which is 75.58 %;-State budget grant EUR 43219.17 (4.00 %);-Provisional financing EUR 220496.40 (20.41 %). Ineligible costs of EUR 263254.46 are financed from the budget of 3.