The overall objective of the investment project is to create a smart specialization park in order to develop an economic ecosystem based on a strong partnership between public administrations, the private sector and research and innovation, by supporting investments in economic activities with high added value, based on advanced technologies, with direct and positive effects on the sustainable development of the local and regional economy and increasing the degree of economic competitiveness. The goal of the Fărcașa Smart Specialization Park will be to transform innovative and technical ideas into products and services with high added value that can bring benefits to the community, functioning as a platform through which new technologies will be identified and selected, so that the economic operators that will develop within this platform will benefit from facilities, services and, last but not least, a dynamic environment for research.