Новини
Over 2,000 km of roads to be renovated in '08
Рубрика: General news Източник: DnevnikThe local government will extend co-financing to the amount of 350 mln euro.
The relevant loan agreements were Thursday approved by the government and will be submitted for ratification by parliament.
One of the projects will ensure the renovation of 450 km of roads. It will receive 90 mln euro from the World Bank and 24 mln euro in local -cofinancing.
The government also extends guarantees for the loan-financing provided to a further two projects.
One of them involves a 50 mln euro credit from the World Bank for the FLAG fund which extends resources to municipalities that need to secure co-financing for the absorption of EU funds.
The other 35 mln euro credit is furnished by Nordic Investment Bank for the deployment of the voice, data and video infrastructure of the interior ministry which should be compatible with the of the other EU member states.(Dnevnik)