CEI okays grants to back EBRD investments in Serbia, N. Macedonia

CEI headquarters in Trieste; Source: CEI

BELGRADE (Serbia), March 4 (SeeNews) - The Central European Initiative (CEI) has approved the delivery of grant-type assistance in support of investments of the European Bank for Reconstruction and Development (EBRD) in Serbia and North Macedonia, it said.

The CEI will provide 150,000 euro ($170,090) for the development of renewable sources of energy in North Macedonia and 100,000 euro to support the efforts of Serbia's autonomous province of Vojvodina to increase the level of energy efficiency in the public infrastructure sector, CEI said in a statement last week.

In North Macedonia, the CEI support will finance the technical assistance linked to an estimated EBRD investment amounting to 25 million euro for the construction and operation of a wind farm in the southeast part of the country. The needed technical assistance will provide wind resource assessment, wind measurement as well as the project basic design and technical characteristic of the power plant, CEI said.

The technical assistance financed by CEI in Vojvodina will review the public property in the territory of the province, estimate the energy efficiency potential and prioritise the investment requirements. In this respect, the bankable strategic investment programme in a long-term 10-year perspective amounts to 10 million euro.

Moreover, CEI will provide a 60,000 euro support for a project to address the governance of public procurement as well as the capacity of human resources managing procurement with the overall objective of improving them. The main goal is to enable them to participate in a Master’s programme at the University of ToR Vergata in Rome and in an Executive Master’s at the Belgrade University.

CEI is a regional intergovernmental forum committed to supporting European integration and sustainable development through cooperation between and among its Member States and with the European Union, international and regional organisations as well as with other public or private institutions and non-governmental organisations.

($ = 0.8819 euro)

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