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OSMANI: WE ARE ESTABLISHING THE INVESTMENT PRIORITIES IN ACCORDANCE WITH THE FORTHCOMING INCREASED INVESTMENT ACTIVITY
13:29, Wednesday, October 17, 2018

Deputy Prime Minister for European Affairs Bujar Osmani, in the role of NIPAC coordinator of foreign assistance in the country, today chaired the preparatory meeting of the National Investment Committee, where the priority lists of investment projects for financing by major donors were reviewed. At the meeting were presented sectoral lists of projects in transport, energy as priority within the framework of the Agenda for connectivity or the so-called Connectivity agenda, but also the list of environment, social policy and the new digital connectivity sector.

"We have exceptional success in securing funds within the Connectivity agenda, for which many projects are already in an active phase, but we must focus on the others, and by November 30, we will prepare the priority list that we will present to donors and the International Financial Institutions,"- said Osmani at the beginning of the meeting, opening the discussion on the competent departments that represented the priority projects within their competences. Osmani pointed out the sectors of energy, transport and environment as key areas within the Connectivity Agenda, which together with the social policy sector currently count about 100 projects that are on the priority list.

Within the list there are projects such as the reconstruction of the roadway Kriva Palanka - Deve Bair, the project for preparation of the highway in the section Kicevo - Gostivar, the highway Skopje - Blace, and many other projects.

The Western Balkans Investment Framework (WBIF) Instrument was officially opened in 2009 as a joint initiative of the European Commission, the Council of the European Development Bank, the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB) and later the World Bank and the German Development Bank (KfW), approved by the European Council. Through this instrument, the Republic of Macedonia has so far provided grants amounting over 112 million euros for development projects, and in the future it is expected that the inflow of donations through it will increase.

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