Two institutions plan to invest 225m euros in Kosovo

Two institutions plan to invest 225m euros in Kosovo

Trade and Industry Minister Endrit Shala has announced during today's meeting of the Strategic Investment Interministerial Commission, that two other investors have met the technical criteria to move to the next phase of the operational group's assessment. The demands of two strategic investors were considered at this meeting and [...]

Trade and Industry Minister Endrit Shala has announced during today's meeting of the Strategic Investment Interministerial Commission, that two other investors have met the technical criteria to move to the next phase of the operational group's assessment.

The demands of two strategic investors and the announcement of completing the documentation were reviewed at this meeting.

“Even two strategic investors have fulfilled the technical criteria to move to the next phase of the assessment on the part of the operational group, which we founded today with the decision of the Strategic Investment Inter-ministerial Commission”, Shala said.

Application subject “Solar Kosova 2020” and “Ke I Kos-Energy Peja S. P. K” plans to invest 225m euros in Kosovo.

“Solar Kosova 2020” plans investment of 128m euros in the Obilic Community and “Ke I Kos-Energy Peja S. P. K” 97 million in the Pec Community. Both of these projects in alternative energy.

Shala said that thanks to changes made to the underground acts of the Strategic Investment Law, Kosovo is gradually returning to an attractive country for foreign investors.

These two investments that are in procedure and investment of “L. L.C. covers the value of 394m euros, and are the largest direct foreign investment in the Republic of Kosovo.

 

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