News in English     | 20.02.2018. 18:04 |

PM Novalić meets with EBRD Director for Central and South Eastern Europe C. Ruhe

FENA Press release

SARAJEVO, February 20 (FENA) - Prime Minister of the Federation of Bosnia and Herzegovina Fadil Novalić received today the Managing Director of the European Bank for Reconstruction and Development (EBRD) for Central and South Eastern Europe Charlotte Ruhe. The meeting was also attended by the Head of the EBRD Office for Bosnia and Herzegovina, Ian Brown.

The central topic of the discussion was the investment plans and priorities of the FBiH government and the implementation of this European financial institution's existing projects in BiH.

At the top of the priority list discussed was the continuation and dynamization of construction of a large infrastructure project such as the highway on Corridor Vc.

Special attention was given to the Memorandum of Understanding between the PE Motorways of the Federation of BiH and the EBRD on the development and construction of road infrastructure in BiH, which would provide a loan of 120 million euros for the continuation of the construction of Corridor Vc, which connects Budapest with Ploče.

This document, worth 180 million euros, is planned to be signed by the representatives of the EBRD and the entity ministers of transport and communications next week in London.

Prime Minister Novalić emphasized the importance of the support provided by the EBRD to the Federation of BiH, highlighting the priorities in the construction of Corridor Vc, which, as he said, was a tunnel through Prenj and the Ivan tunnel, which would practically connect Sarajevo with Konjic.

The collocutors also discussed the interest of both sides for cooperation with the International Finance Corporation (IFC) and the possibilities of investing in infrastructure through a public-private partnership, as well as other projects through which the EBRD could contribute to development in these areas, stated the FBiH Government PR Office.

(FENA)
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