By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Foreign Investors interested in Unused Gypsum Mine
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Foreign Investors interested in Unused Gypsum Mine
BUSINESS

Foreign Investors interested in Unused Gypsum Mine

Published: May 22, 2016
Share
SHARE

Ustikolina Mosque novovrijeme.baInvestors from Austria, Iran and Latvia are interested in the exploitation of gypsum, whose mine was found at the locality Presjeka, around 5 kilometers away from Ustikolina. Even before there was interest from investors but site has not been used yet, even though there is a demand for gypsum because according to the available data, there is small number of gypsum mines in Europe. Presjeka, according to some sources, is one of the few mines of gypsum in the Balkans. Ministry of Economy of BPC initiated the concession, as confirmed by the Minister Meho Masala.

“In the last few months in conversations at the ambassadorial level we had interest in this locality and this ore. We have been asked to prepare a summary of the project, and all information about potentials, where it is, the road infrastructure and other infrastructure that are required for the activation of sites. The Ministry started and prepared a campaign to promote this ore on a global level, in order to inform and attract potential investors about the resource and made a public call for concessions in the following period.”

“We believe that the site can be activated, given that at the moment we have preliminary information about this site, we should do a study on the exploitation and development of facilities for processing, or production of final products. The implementation of this project would contribute to new employments,” said Minister Masala.

According to estimates of expert, Gorazde gypsum has excellent quality. About 11 million tons of gypsum is located on an area of about 3.5 hectares, which is enough for exploitation in the next 50 years.

According to Masala, required investment for activation of this site was estimated at 10 to 20 million BAM.

(Source: E. A./Klix.ba)

TRD Vareš plans to become the seat of advanced technology in the Balkans
More than 60 Percent of Gamblers lost Money on Betting: BiH has the most registered Betting Shops in Europe
Import of Over Twenty Tons of Oranges banned
Olympic Center Jahorina to invest 10.3 million BAM?
Agreement Signed on Mutual Co-operation between Municipalities Novi Grad in Sarajevo and Beyoglu in Istanbul
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article The Exhibition ‘Old Jewish Cemetery in Sarajevo’ opened
Next Article The Day when the Flag with the Fleur de Lis fluttered in front of the UN Building
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

The Interreligious Council of BiH Requests an End to the Transfer of Assets of Churches and Religious Communities
July 23, 2026
Ginkel and Cvijanovic discussed Strengthening Trade and Investment between the US and BiH
July 23, 2026
More than 30 Kilograms of Drugs seized in BiH
July 23, 2026
BiH and Croatia sign Agreement on Cooperation in Emergency Medicine
July 23, 2026
RS Government allocates Seventeen Million BAM for Projects
July 23, 2026
32nd SFF: 51 Films in Competition for the Heart of Sarajevo Awards
July 23, 2026
Inflation in the Federation of BiH slowed down to 3.9 Percent
July 23, 2026
The “Under Scrutiny” Coalition recorded 38 Electoral Irregularities
July 23, 2026
The Foreign Trade Deficit of Republika Srpska jumped to 1.32 Billion BAM
July 23, 2026
The Average Price of Diesel in the BiH increased
July 23, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?