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WORLD BANK OFFICIAL COMMENTS ON CORRIDOR 5C

MOSTAR, Aug 6 (Hina) - World Bank director for Bosnia-Herzegovina Josef Ingram said in Mostar on Wednesday he disproved of a joint Bosnian-Malesian company, "Bosmal", drawing up a feasibility study for the project of corridor 5C, running through Bosnia, and then getting the job of constructing the highway, as this would mean a conflict of interests.
MOSTAR, Aug 6 (Hina) - World Bank director for Bosnia-Herzegovina Josef Ingram said in Mostar on Wednesday he disproved of a joint Bosnian-Malesian company, "Bosmal", drawing up a feasibility study for the project of corridor 5C, running through Bosnia, and then getting the job of constructing the highway, as this would mean a conflict of interests. #L# Bosmal doing the feasibility study and obtaining a contract on the construction of the highway could represent a problem not only for the World Bank, but also for the entire donator community, Ingram said in an interview for Sarajevo's "Dnevni avaz" daily. According to the official, the World Bank believes that an independent international institution should draw up the feasibility study for the construction of the corridor. Ingram stressed it was essential that the study be done by someone who had no interest in the project whose worth has been estimated at between two and three billion U.S. dollars. The World Bank has offered the Bosnian government to finance the drawing up of the feasibility study, but the government said it would wait four months to see what Bosmal could accomplish, he said. The Croatian government recently expressed readiness to take part in the construction of the corridor through the neighbouring country. In talks with Bosnian government officials, Prime Minister Ivica Racan stressed several times that he believed European standards would be respected in the building of the highway, including the publishing of a bid for tenders. The corridor should connect Budapest and the southern Croatian port of Ploce. (hina) lml sb

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