Friday, April 4, 2008

A STUDY ON BOSNIA'S ENERGY SECTOR PRESENTED IN SARAJEVO

SARAJEVO, Bosnia (April 4,2008) - A study on Bosnia's energy sector was presented in the Bosnian capital Sarajevo this week. The study worth 1.5 million Bosnian Marks was coordinated by the Bosnian Ministry of Foreign Trade and carried out by the Croatian Hrvoje Pozar Institute.

Goran Granic, the institute’s director - said yesterday how electricity export is both a political and economic issue that needs to be dealt equally by governments and investors, but before that Bosnia needs to unify her power generation market, harmonize laws internally and with the EU, and carry out international commitments responsibly.

Whereas the building of facilities and its pace are a political decision, the selection of investors should be left to the economy, Granic said. The study was funded by a World Bank loan.
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