The government failed to implement major economic projects

Brezovica was not contributed, New Kosovo “, despite reaching agreement at the end of the year with the American company “Contur Global”, did not start to build. Post's remote got the bottom.

Strategic companies like it is Trepca did not start operating with the new law, where the Government failed to appoint the board in order to begin the processes.

All these projects considered failed during 2017 are likely to be realised this year, according to authorities.

Despite economic growth to 4 per cent, the number of unemployed has increased. This is confirmed by Finance Minister Bedri Hamza, who has said the unemployment rate is about 27 per cent.

The latest <x0fras if we refer to the Kosovo Statistics Agency behave around 27 per cent. Yes, it is a high rate, whether it will be 25 per cent or 30 per cent is the high unemployment rate. We need to create conditions for the private sector to be a leader in economic growth and sustainable job generator”, Hamza said.

Prime Minister Ramush Haradinaj's economic adviser, Hakki Shatri, aware that many processes were provided, says the government has many challenges but will deal with each problem.

The first “work to be done is announced the competition for the Trepca management board, because the law on Trepca aimed at converting Trepca to a public company with a special status requires these steps. Initially, the board must be chosen, founded on procedures that apply to public enterprises. The board begins separate procedures recorded at the Ministry of Trade and Industry as public companies with all the rules the procedures it should have a public enterprise. And then start with other actions. Without these formal aspects happening, there's no way to interfere that it's all illegal. The contest is closed for board director, for board members, we expect the assessment commission to do its job, recommends to the Government, the Government will escort them away to the Parliament“, Shatri said.

While for Brezovica, the government has not taken any concrete steps. As long as you don't hesitate to show that for mismanagement of Telecom and Post, someone will be responsible.

For Brezovica there is still no concrete step, it is not left out of care but there is no step that we can say we have done something compared to the situation we find. We're looking at the circumstances, it's a little more complicated. Post Office, we've been visiting mail, having conversations with the management, the prime minister has demanded that they make a plan to get out of the situation they are in. There is a great need to change its value, the value of its market is coming down because of bad business results. ... withemployments, with worse management, with everything we can say it's not managed well. The responsibility of governments owned by public enterprises, public property, and who should care not for degrading property but for increasing its value, it is constitutional obligation”, Shatri said.

In contrast, Economic Development Minister Valdrin Luka has shown about the benefits Kosovo will receive from building New Kosovo and that it is envisioned to be completed in early 2023.

According to him, this project is 100 per cent private. The Kosovo government, according to him, has no share in the company.

He indicated that 30 per cent of this project will be the investor's private capital, while 70 per cent will be in the form of loans from the private investor to various financial institutions. He added that the government has some other obligations it should provide to the investor.

Kosovo's “Government will not have financial obligations to bring into this project, except that there will be financial obligations to fix the coal mine, because we have to make sure that there is going to be continued supply and without interrupting coal. The government is tasked with providing continuous coal supplies, taking over continued water supply for duty, assumes a guarantee of location that will be attached to Kosovo B, and is also charged with securing location for the deposit of ash. So these are the obligations of our part which should be part of, and what is the greatest and most important obligation is that we guarantee that we will buy all the production capacity”, Luka said.

Luka says the private investor should do the construction, manage the entire operation for 20 years, and after 20 years it is obligated to transfer it to the Kosovo Government. It also shows that when the financial agreement is reached, it will go to the Assembly to vote.

I believe the financial agreement will be finalised by the end of 2018. The agreement, which is guaranteed by the World Bank and which must be passed to the Kosovo Parliament by two-thirds of the vote. As soon as the financial agreement is voted, then the construction begins immediately, which I expect somewhere early in 2019. They've been dealing with this project for about 3-5 years. So, late 2022 start 2023, there will be the first start of energy with this “thermal power plant, Luka said.

The major project is considered the interest of a German company to invest in alternative energy, however, this and other potential investors will invest after the strategic investment law has been enacted, which has long been adopted but has never entered into force because administrative guidelines are lacking.