Thursday, October 4, 2007

13 MILLION BOSNIAN MARKS PROVIDED FOR DEVELOPMENT OF THE UPPER DRINA REGION

SARAJEVO, Bosnia (October 4,2007) – The Bosnian Minister of Human Rights and Refugees Safet Halilovic and UNDP Acting Resident Representative in Bosnia Stefan Preisner signed in Sarajevo an agreement on Regional Development Project of the Upper Drina Region which will encompass the following municipalities: Cajnice, Kalinovik, Foca, Gorazde, Novo Gorazde and Foca-Ustikolina.

The project is aimed to develop local communities and is related to the sectors of economic development, local administration development, reconstruction and development of regional infrastructure.

Halilovic stated after signing that the project is a significant contribution to the development of the region and a contribution to sustainable return in the municipalities of Foca, Cajnice, Novo Gorazde, Kalinovik, Gorazde and Foca/Ustikolina. He said that the project is worth 13 million Bosnian Marks (9.346.153 US Dollars) and will be implemented within three years.

Halilovic emphasized that the project and its realization is the result of good will and true efforts of all the participants willing to contribute the local and regional development of the upper Drina area.

Halilovic thanked the donors: Government of Holland and the municipalities who are participating in the project implementation and who have provided money for it.

”We are also grateful to the UNDP, who not only co-financed, but also created the project”, Halilovic said.

The UNDP Acting Resident Representative in Bosnia Stefan Preisner emphasized that it is necessary to focus on the most endangered regions of Bosnia.

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