Search


Advanced Search
Nenad Bach - Editor in Chief

Sponsored Ads
 »  Home  »  Business  »  (E) Upgrading of municipal infrastructure in Croatia
(E) Upgrading of municipal infrastructure in Croatia
By Nenad N. Bach | Published  08/5/2003 | Business | Unrated
(E) Upgrading of municipal infrastructure in Croatia

 

EIB finances upgrading of municipal infrastructure in Croatia


The European Investment Bank (EIB), the European Union's financing institution, is advancing a EUR 50 million loan to the Republic of Croatia, via the Ministry of Finance and the Ministry of Public Works, Reconstruction and Construction (“PWRC”) to support post-war reconstruction in Croatia.
The proposed Framework Loan is for the financing of small to medium-sized municipal infrastructure projects in Areas of Special State Concern (“ASSC”), i.e those areas in Croatia most devastated by the wars in the 1990's and amongst the poorest and least developed in the country. The operation is aimed at reversing the negative economic consequences of the recent conflicts, accelerating the return of the displaced population, stimulating demographic and economic progress, and ensuring a more balanced development of the ASSC when compared with the rest of the country. During the period 2003-05, the Ministry's overall rehabilitation investment expenditure in the ASSC areas is expected to amount to some EUR 450 m.

http://www.welcomeurope.com/news_info.asp?idnews=1194

Related EU Grant Loans Programme(s):
Loans for large and small-scale investment projects contributing to EU policy objectives in all sectors of the economy
http://www.welcomeurope.com/prog.asp?Pgm=11377

How would you rate the quality of this article?

Verification:
Enter the security code shown below:
imgRegenerate Image


Add comment
Comments


Article Options
Croatian Constellation



Popular Articles
  1. (E) 100 Years Old Hotel Therapia reopens in Crikvenica
  2. Dr. Andrija Puharich: parapsychologist, medical researcher, and inventor
  3. Europe 2007: Zagreb the Continent's new star
  4. Violi Calvert: Nenad Bach in China to be interviewed by China Radio International
  5. Potres u Zagrebu - Earthquake in Zagreb, Croatia 28 listopad 2006 u 16:15 3.7 on a Richter
No popular articles found.