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Bosnia's Federation To Borrow 17 Mln Euro from EBRD for Gasification Project

Nov 18, 2009, 6:52:41 PMArticle by Iskra Pavlova
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SARAJEVO (Bosnia and Herzegovina), November 18 (SeeNews) – Bosnia’s Muslim-Croat Federation government on Wednesday decided to borrow 17 million euro ($25 million) from the European Bank for Reconstruction and Development to finance a municipal gasification project.

Bosnia's Federation To Borrow 17 Mln Euro from EBRD for Gasification Project

The project envisages the construction of a 40-kilometre high-pressure transit pipeline that will deliver gas to the municipalities of Travnik, Vitez, Busovaca and Novi Travnik in the Federation’s Srednjebosanski canton, the government said in a statement after its regular meeting.

The Muslim-Croat Federation is one of the two autonomous regions that form post-war Bosnia. The other is the Serb Republic.

($=0.6675 euro)

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