Kovacic told the Tanjug news agency that Serbia is contributing $2 million and that Clinical Centre in Nis will be rehabilitated as well as 46 schools, hospitals and social institutions in Serbia.
The first phase of the project totalled $25 million, $4 million of which was given by Serbia, he said.
He recalled that last year the project was awarded as the best World Bank project in this field, which is why even larger funds were set aside for the second stage.
Kovacic noted that another project ends in August, namely the one-year project to measure wind potential in three locations in Serbia – in the municipalities of Titel, Negotin and Veliko Gradiste, implemented with Spain’s financial assistance.
Projects to draft feasibility studies, which were financially supported by the European Agency for Reconstruction, were also concluded. These projects refer to the use of geothermal energy in Bujanovac spa, solar energy in Rusanda spa, the use of biomass for heating in the Negotin municipality and the construction of a small hydroelectric power plant on Lake Celije near Krusevac, recalled Kovacic.