The European Bank for Reconstruction and Development (EBRD) presented in Banja Luka the Report on transition for the period 2015-2016, titled “Balancing the finances”.
The management of EBRD states that, in the monitored period, the geographic expansion of bank’s activities is evident. Therefore, the country that EBRD invested the most last year is Turkey, and Egypt is third. Greece has already been among ten countries they invested in the most. China also joined the EBRD recently, in January, as a co-owner of EBRD, although it is not an investment destination.
“During 2015, EBRD broke the record in terms of investments, with 9.4 billion EUR in 380 operations. Cumulatively watching, 1.8 billion EUR have been invested in B&H so far, and with co-investments included, amounting to 2.2 billion, the amount of around 4 billion EUR is reached,” said Ian Brown, Head of Residing Office of EBRD in B&H.
The main projects supported by the EBRD last year are two new sections at the Corridor 5C, investments in water supply in five municipalities, investments in the retail chain Bingo, etc. The level of investments in 2016 is expected to be identical or higher.
“We highlighted that, if B&H wants to use its own potentials to the max, it must comply with the recently adopted Reform Agenda,” stated the deputy director of EBRD for strategies and policy, Peter Sanfey.
Over 70 percent of investments refer to infrastructure, i.e. roads and railways. The mentioned Corridor 5C and the highway Banja Luka-Doboj were funded the most.
(Source: klix.ba)
