THE CHINESE SENT A LETTER OF GRATITUDE TO FIPA

On the occasion of the investment of one billion BAM in BiH

THE CHINESE SENT A LETTER OF GRATITUDE TO FIPA

China Energy Group has sent a letter of gratitude to the Foreign Investment Promotion Agency of BiH (FIPA) for its significant contribution and support for the implementation of the Mine and Thermal Power Plant Kamengrad Project. Thanks to FIPA, the first phase of the project-related negotiations was completed, ended by signing of the Memorandum of Understanding on 27 November2017  in Budapest.

After the signing of the Memorandum, a new working meeting was held with the project owner focused on planning of the next steps for the implementation of this document with the deadlines for completing the procedures.

These activities created prerequisites for the realization of an investment of one billion and 20 million BAM, which will have a significant impact on the economic development of Bosnia and Herzegovina.