GOVERNMENT OF GREECE SUPPORTS ECONOMIC DEVELOPMENT OF SREBRENICA

SARAJEVO, Bosnia (November 23,2007) - Contributing 200,000 US Dollars to the United Nations Development Programme's initiatives in Srebrenica Region, the Government of Greece joined the cohort of development partners aiming to provide support to social and economic development of the eastern Bosnian town of Srebrenica.

The partnership between the Greek government and the United Nations Development Programme (UNDP) in Bosnia was made official with signing the agreement that stipulates Greek contribution of 200,000 US Dollars for implementation of the UNDP project entitled „Establishment of a Training Centre in the Srebrenica Region”.

The agreement was signed by Constantina Mavroskelidou, the Ambassador of Greece in Bosnia and Stefan Priesner, the UNDP Resident Representative in Bosnia.

This activity is a part of the “Srebrenica Business Park” project that aims to improve current business environment in Srebrenica region by providing services and infrastructure for private sector development.

This will be achieved first through the establishment of a business park; and second, through the provision of technical assistance to the municipal authorities and local actors in economic and private sector development, the UNDP said.

More specifically, the Srebrenica Business Park will provide high quality business development support services; assist companies in upgrading of labor skills; invest in infrastructure supportive to investments; facilitate the process of finding appropriate sites for business; assist the authorities in fostering public-private dialogue; and promote Srebrenica as a place suitable for sustainable investment and business growth.