PROJECT WORTH A BILLION AND 20 MILLION BAM
![](/images/19.01.2018.jpg?px=518)
Within continuation
of talks with the relevant institutions on M&TPP Kamengrad Project,
representatives of the China Energy Group visited the Foreign Investment
Promotion Agency of BiH (FIPA) in order to seek further support on the way of
realization of this investment. The project has full support from all
ministries at the level of the Federation of BiH and BiH, with which meetings
will be organized in the coming days.
After the
signing of the Memorandum of Understanding on 27 November 2017 in Budapest
between the Chinese company and the company Lager Posušje which is the owner of
the project, talks were held on the technical details of the project.
The final
agreement on the realization of the investment should be signed in June at the
Summit 16 + 1 and the ministerial conference dedicated to the promotion of
trade and economic cooperation between China and 16 countries of Central and
Eastern Europe.
FIPA will
continue to provide full support to the project, whose value is estimated at 1
billion and 20 million BAM.