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: Green Light for Saudi Fund Projects in Goražde
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 > Green Light for Saudi Fund Projects in Goražde
BUSINESS

Green Light for Saudi Fund Projects in Goražde

Published: July 27, 2016
Share
SHARE

gorazde (1)Implementation of significant infrastructure projects that will be funded with credits from the Saudi Fund for Development will begin in Goražde soon, it was confirmed during yesterday’s visit of the delegation of this Fund to the Municipality of Goražde.

According to the agreement signed between BiH and the Saudi Arabia, the Municipality of Goražde will get six million dollars for reconstruction of secondary water supply network, construction of a bridge, and repair and reconstruction of roads.

“We in Goražde finance infrastructure projects that amount to around 20 million Saudi Arabian riyals, or eight million dollars. We will also monitor the implementation of other projects that are in connection with the Saudi Fund for Development. We are active in BiH since 1996, therefore the amount of money that we invested in BiH so far is around 590 million riyals. Those are grants and loans that we gave in BiH. Regarding the implementation of projects in the Municipality of Goražde, the protocol was signed two months ago and funds were approved for Goražde. As the projects are implemented, the money will be distributed in the way that we agreed to previously,” stated Mohammed Al Dalilan, representative of the Saudi Fund for Development.

The Municipality confirmed that only formal procedures are in the way to the beginning of works.

“We have prepared all the projects, implemented the necessary procedures, chosen the contractor. We can start signing contracts with seven chosen companies very soon and officially launch the works. Today we got the green light, so works on all projects can begin. We are especially happy because of the water supply network because we know that citizens have a lot of problems and that will be the first project,” said Muhamed Ramović, Mayor of Goražde.

Construction of a bridge in the settlement Vitkovići, reconstruction of the secondary water supply network and repair and reconstruction of the roads Osanica – Ilovača and Mravinjac – Berič are projects on which seven companies will work. The companies will be paid directly by the Saudi Fund. Ratification of the agreement in the national parliament is being waited for, but the Municipality stated that this will not condition the works. The Municipality will start working on all projects at the same time no later than one month from now, immediately after the signing of contracts with the selected contractors.

(Source: klix.ba/photo: zeportal.net)

BiH Minister calls on Harmonization of Price of Pellet in BiH
BiH records Decrease in Number of Registered Vehicles
Federal Ministry has provided Funds for War Veterans
Residents say they do not need Rio Tinto in Potkozarje
BH Citizens are majority Owners of Residential Complex Sarajevo Waves (Gallery)
TAGGED:#Fund#Gorazde#infrastructure#projects#Saudi
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 Mladen Grujičić in the Race for the Mayor of Srebrenica
Next Article Operational Group for Combating Terrorism to start operating?
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

Sarajevo Airport enters Talks with Air China and United
August 30, 2026
Protest by Drivers in front of the EU Delegation Building in Sarajevo
August 30, 2026
Wizz Air to Increase the Number of Flights from Sarajevo to Rome
August 30, 2026
SDP to File Criminal Complaint against Three Politicians over Glorification of War Criminal
August 30, 2026
Political Scandal in the Basketball National Team of Bosnia and Herzegovina
August 30, 2026
Delic: “We are not entering the New Mandate with Announcements of Labor Market Reforms, but rather implementing them”
August 30, 2026
EUFOR Multinational Troops put quick Response to the Test
August 30, 2026
Italian Ambassador Amused the Public with Her Post-Match Post: “Maybe We Could Try Chess?”
August 30, 2026
New Scanners can prevent Election Fraud, but not Voter Suppression
August 30, 2026
Red Star faces severe Punishment for Glorifying Ratko Mladic
August 30, 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?