EBRD mulls extending EUR 450mn for projects in Macedonia.

By bne IntelliNews May 16, 2010
Macedonia is expected to be awarded around EUR 450mn from the European Bank for Reconstruction and Development (EBRD) for a package of projects in the field of road infrastructure, railway and energy, the finance ministry reported after minister Zoran Stavreskis meeting with EBRD representatives in Zagreb. Some of the projects include the construction of eastern railway section of Corridor 8, the upgrade of motorway stretches along Corridor 10, regional road network and the project for construction of a gas pipeline infrastructure. The ministry also reported that the EBRD extended EUR 10mn to Ohridska Banka, which will disburse it among small- and medium-sized enterprises (SMEs). The EBRD has so far invested more over EUR 510mn in the country.

Related Articles

Macedonias 2013 tobacco crop expected to exceed 30,000 tonnes.

Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more

Macedonia cancels tender for gas distribution network feasibility study.

The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more

Komercijalna Banka wins Global Finance award Best Bank in Macedonia for 2013.

Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss