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The Western Balkans Investment Framework approved 4 projects for Kosovo, amounting to EUR 5.5 million

June 26, 2019

Berlin, 26 June 2019 – The Steering Committee of the Western Balkans Investment Framework, in its 20th meeting held on 25-26th of June in Berlin, has approved 4 technical assistance grants for Kosovo amounting to a total of EUR 5.5 million. The applications for these grants were prepared by the Government of the Republic of Kosovo, coordinated by the Ministry of European Integration, and in consultation with development banks, which participate in the 21st call for technical assistance grants through crediting. It was also informed that the funders of the projects at the WBIF have assessed them positively, and we are also awaiting the approval of two investment grants amounting to EUR 29.94 euro, for which we have applied under the 4th call for investment grants. The final decision on these two grants is expected to be rendered during the 21st meeting of the WBIF Steering Committee in December 2019.

The grants for Technical Assistance will help prepare investments for the District Heating project in some of the main centres of Kosovo, prepare the gas distribution and supply plan in Kosovo, as well as the projects for improving the healthcare infrastructure, and the investment project for the watershed in Kremenata, Municipality of Kamenica. After completing the technical preparations for these projects, the Government of Kosovo will sign loan agreements with supporting development banks. On the other hand, the investment grants will allow for direct funding in the construction of the wastewater treatment plant in Gjilan and the rehabilitation of the signalling and telecommunication for the railway route 10 crossing from Mitrovica-Han i Elezit, which will be supported by additional crediting from the European Bank for Reconstruction and Development.

The Western Balkans Investment Framework (WBIF) is a combined instrument of the European Union, the International Financial Institutions, bilateral donors and Western Balkan countries, aimed at providing funds for strategic investment projects in beneficiary countries. The WBIF was established in 2009 as a joint initiative of the European Commission, the Council of Europe Development Bank, the European Bank for Reconstruction and Development, the European Investment Bank, and several bilateral donors. The World Bank and KfW subsequently joined the Framework

WBIF focuses on key sectors of the Western Balkan economies including energy, environment, transport, social and private sector development. WBIF allocates grants based on competitive procedures, for activities of preparing infrastructure and investment projects. For more information: https://www.wbif.eu/.

 

Last modified: August 4, 2022

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