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)

155,000 Citizens of Bosnia-Herzegovina left the Country in Search for better Life
Lower Fuel Prices in Bosnia-Herzegovina?
Potential of RS Presented in Israeli Journal
Statistics: Number of Employed and Unemployed People in BiH
The Readiness of Turkey to Improve Public Transport in Sarajevo
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

The CS MoI thanked the Citizens after the Parade of Police Forces
September 20, 2026
Two Persons arrested over Money Forging in BiH
September 20, 2026
Two Bronze Medals for BiH Karate Athletes at Youth League Tournament in Mexico
September 20, 2026
The Price of Tickets for the Match with Romania is in advance from Tomorrow
September 20, 2026
Bosnia and Herzegovina still has 756 Square Kilometers under Mines
September 20, 2026
Puerto Flamenco Kicks Off Its Tour in Bosnia and Herzegovina with Ovations
September 20, 2026
Arnautovic: Our Citizens Voting Outside BiH Must Be Automatically Registered by the State
September 20, 2026
Srebrenica Memorial Center Presents Good Practices from Bosnia and Herzegovina to Activists from Ukraine
September 20, 2026
CBBiH: Orders worth almost 67.7 Million BAM were settled through Instant Payments
September 20, 2026
Dobor Tower in Bosnia and Herzegovina left to decay
September 20, 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?