The Contour Globalé has yet to secure the loan for thermal power plant “New Kosovo”

The Contour Globalé has yet to secure the loan for thermal power plant “New Kosovo”

The state guarantee for the “New Kosovo” project will not go to the Assembly before June. This is because the investor “Contour Global” has not yet received answers on the part of the US Private Foreign Investment Corporation (OPIC) and the State Bank of Japan, in which Kosovo holds the only hope for financing [...]

This is because the investor “Contour Global” has not yet received answers on the part of the US Private Foreign Investment Corporation “and Japan's State Bank, where Kosovo holds its only hope for the financing of the construction of the “New Kosovo “, following the withdrawal of the World Bank and the European Bank for Reconstruction and Development from this project, writes today “Koha Ditore<6>.

The OPIC and the Japanese state bank are expected to make the final decision, whether or not they will support this project in June of this year.

Although in January of this year, at one of the Government meetings, which the representative of “Contour Global”, Bernhard Haider, was said to have completed in mid-February, this did not happen. The investor hasn't even chosen the design company.

 

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