Tuesday, June 17, 2008

SAUDI PRINCE ALSAUD SECURED ASSETS FOR THE CONSTRUCTION OF NEW ROADS IN ZVORNIK

SARAJEVO, Bosnia (June 17,2008) - Bosna Bank International (BBI) was chosen for project implementation of the construction of 10 kilometers of regional roads which is to connect returnee villages with the main road Zvornik – Vlasenica – Sarajevo, stated the bank’s release.

Assets for the construction of these roads came from Saudi Prince Alwaleed bin Talal bin Abdulaziz Alsaud through his Kingdom Foundation, after he was informed about the situation with road communication in this returnee area.

Donated assets, as it was stated from BBI will become operative very soon when the formalities around the agreement are finalized.

Prince Alsaud is one of the richest people in the world and he is know to the Bosnian public as one of the potential buyers of the Jajce Barracks in Sarajevo which he planned to turn into a super luxury hotel,a part of the Four Seasons chain, which is in his ownership, stated the release of BBI.
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