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EBRD to finance two projects in Serbia-Montenegro with €88 million
Belgrade,
17 May 2005
The European Bank for Reconstruction and Development (EBRD) has said that on Friday it will sign contracts on financing two projects in Serbia-Montenegro worth €88 million.
The EBRD will finance the development of the private sector and building of a road network that will benefit the development of the country and the region, reads the statement.
The contract on financing the road network will be signed by EBRD President Jean Lemierre and representatives of the Serbian government, state union and the Serbian Road Directorate, while the contract on support to the development of the private sector in Serbia-Montenegro will be signed by EBRD Vice President Noreen Doyle.
The contract on financing the road network will be signed by EBRD President Jean Lemierre and representatives of the Serbian government, state union and the Serbian Road Directorate, while the contract on support to the development of the private sector in Serbia-Montenegro will be signed by EBRD Vice President Noreen Doyle.
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