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: Mayor of Ključ: Germans want to invest Millions in our Municipality
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 > Mayor of Ključ: Germans want to invest Millions in our Municipality
BUSINESS

Mayor of Ključ: Germans want to invest Millions in our Municipality

Published April 8, 2015
Share
SHARE

zukanovic2Representatives of the German company Max Acher visited Una – Sana Canton last month, and expressed their desire to invest in this part of B&H, particularly in the municipality Ključ. Mayor Nedžad Zukanović is talking about possible investments in that municipality.

What kind of investments are we talking about?

Zukanović: They are interested in investing in the energy sector, particularly for the construction of small hydroelectric plants that we have already set out in the spatial plan of the municipality Ključ. Specifically, we have planned construction of three hydroelectric power plants within our municipality, which now await the procedures for completion. Una-Sana Canton and Municipality Ključ must participate in making decisions related to these projects.

What kind of hydroelectric plants, how much money will be invested; can you specify?

Zukanović: This is a hydroelectric generating a capacity of up to 5 megawatts (MW), and building one would cost around 15 million BAM. They are interested in the construction of three hydroelectric power plants in Ključ, on the river Sana. The Ključ Municipal Council  actually resolved to build all five hydroelectric power plants, but three of them are in our municipality, and two of them are on the river banks, with a section within our municipality, and the other in the area of Sanski Most. Since Sanski Most is against it, we cannot make a decision alone on the remaining two. I think that we should still provide an opportunity for investors in this case. This will not cause harm to the environment since these are very small accumulations.

How serious are these investments, and can we expect something concrete from these projects in the near future?

Zukanović: As for investors, they are now waiting for our move, Municipality Ključ and USC, so they are ready to start with the realization of the projects as soon as possible.

What would such kinds of investments  mean for the municipality Ključ and the local population?

Zukanović: Every time that a new investor comes into the municipality it’s good. Here we are talking about a large amount of money for our circumstances. All that can be used in this case,  all which Ključ can offer, would be used including the work force. It would give a different picture of the municipality Ključ and after the construction we would certainly get a concession fee, which we can still take advantage of in an expedient way by investing  money in capital investments, rather than budget spending. This municipality has a small budget of three million and a maximum of four, so that each cash flow is welcomed for investment in further development.

 

(Source: Faktor.ba)

Today Work of Blok 6 in Tuzla Power Plant Begins

Over 60 Percent of Vehicles are over 15 Years old in BiH

A total of 148 schools from all over BiH participated in SPARKreators Competition

Conference on Analysis and Views on Economic and Political Environment opened in Sarajevo

Local Furniture in European Homes

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 Sarajevo Tower: Modern 26-floors Building will change the Appearance of the City
Next Article Concert by Donna Ares: I’ll run away a little bit on the Stage and then back on the Chemotherapy
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

New Building of the Government of Republika Srpska in Brcko Sparks Controversy
February 23, 2026
‘One Billion Rising’: Mostar Sends a Message that Violence against Women Is Never Justified
February 23, 2026
Emric: Captured Institutions of BiH Serving Secessionist Agendas
February 22, 2026
Replicas of the most beautiful Tombstones presented at the Franciscan Museum
February 22, 2026
Seventeen-year-old Girl Stable after Serious Tram Accident in Sarajevo
February 22, 2026
The Phenomenon of Empty Apartments Continues to Affect Sarajevo: Is a Tax the Solution?
February 22, 2026
Scandal Shakes The BiH Judiciary: List Of Judges Who Tried To Conceal Their Wealth Published
February 22, 2026
Discover Una National Park With Japodium: Information, Navigation, And Reservations
February 22, 2026
War Is No Longer A Theory: European Armies Send A Message To The Public
February 22, 2026
In A Race With Constant Price Hikes And Inflationary Pressures: Wage Growth Eaten Up By Expensive Food
February 22, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?