New Investment Program
Under the operation of the World Bank mission to Bosnia and Herzegovina, a meeting of Bank representatives with the director and employees of JP Ceste FBIH was held today at the business premises of JP Ceste FBiH.
Preparations for the new investment program that will be implemented with the support of the World Bank were discussed during the meeting, as well as planned activities preceding the start of negotiations on a new credit arrangement.
Director of JP Ceste FBIH, Ljubo Pravdić, emphasized the importance of the long-standing partnership with the World Bank: "The new investment program will be focused on road projects that contribute to better connectivity, safety and sustainability of the main road network in the Federation of BIH".
World Bank representatives judged positively the progress in the implementation of company’s current activities and confirmed their readiness to continue the partnership engagement within the new investment program.
Technical preparations and prioritization are expected to come in the upcoming period, which will serve as a basis for formal negotiations on a new credit arrangement between the World Bank and the relevant authorities of Federation of Bosnia and Herzegovina.