C. Monitoring of the impact of the project actions

C.1 Development of performance indicators

On the basis of the Project’s objectives a monitoring system that will provide a mechanism by which specific information is provided to the interested parties will be developed considering performance indicators.

C.2 Monitoring of the project socio-economic impact

A Socio-Economic Effects’ Monitoring Plan will be developed. Using the results of Action C1 and a number of various factors and indicators, such as economic development, employment, the impact of the project on the local community will be identified.