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In the last years local development has undeniably become one of the dominant elements for productivity growth strategy employment, human welfare, entrepreneurship promotion, obtaining human capital and income increase. Assuring sustainable development for a specific region is a complex process in the measure in which this process is subjected to some factors which cannot be controlled by a local, regional, or national administration. The entire post-revolution and post-accession experience, cumulate with good policy making transferred by Romania to European Union, proves that private public partnership is a viable solution for successfully solving some communitarian problems, public interests starting with social services and complex social-economic development projects including infrastructure projects. The present paper focuses on sustainable development and the specific objectives that Romania intends to achieve in order to reach a new model of development that is capable of generating high value added, is interested in knowledge and innovation, and aims to improve the quality of life in harmony with the natural environment. The paper also analyses the process of local development that Romania started in 2000 with the financial support of United Nations Development Programme - “Romania within the framework of Local Agenda 21” and continued within Regional Operational Programme 2007-2013 and now,2020-2030 Sustainable development strategy. [ABSTRACT FROM AUTHOR]