EBRD PLOTS FINANCING FOR SARAJEVO INTERNATIONAL AIRPORT
September 1st, 2009
BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction & Development (EBRD) is planning to lend up to Euro 25 million to Bosnia & Herzegovina's Sarajevo International Airport to finance an expansion project. The money could cover the bulk of an estimated Euro 31.9 million price tag for plans to extend the airport's passenger terminal, while upgrading and expanding its taxiway and apron. The scheme has been prompted by rising passenger numbers: there were 466,186 in 2006; 505,269 in 2007; and 506,398 in 2008.
The bank said it would work to boost private ...
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