BBA withdrawal endangers New Kosovo construction project

BBA withdrawal endangers New Kosovo construction project

The World Bank's withdrawal from the financing of the “New Kosovo” will not affect anything in the implementation of the project. At least that's what they say in the Ministry of Economic Development (MZHE). In this institution, they have declared that the project will be finalised with the support of international partners the Declarations of the Ministry of Economic Development (MZHE) that the thermal power plant [...]

Statements of the Ministry of Economic Development (MZHE) that the “New Kosovo” will definitely be finalised despite World Bank objections are denying economic experts.

They are warning high borrowing costs, which taxpayers will be forced to pay through the price of electricity or state budget.

But MZHE representatives say convinced that the project will be finalised to achieve energy supply security.

The TC Project New Kosovo will finalize, because it is the only solution to achieve energy supply security, which directly affects national security in the country. We will advance with alternative projects from renewable sources, but neither can we experiment with the country's energy security “, says the Ministry's written response to the newspaper “Voice”.

 

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