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LAST PREMIER OF EX-SFRY HOLDS BUSINESS TALKS IN SARAJEVO

SARAJEVO SARAJEVO, Nov 4 (Hina) - The last premier of the former Socialist Federal Republic of Yugoslavia (SFRY), Ante Markovic, on Tuesday arrived in Sarajevo where he held talks with the chairman of Bosnia-Herzegovina's Council of Ministers, Adnan Terzic, and the Croat-Muslim entity's premier Ahmet Hadzipasic.
SARAJEVO, Nov 4 (Hina) - The last premier of the former Socialist Federal Republic of Yugoslavia (SFRY), Ante Markovic, on Tuesday arrived in Sarajevo where he held talks with the chairman of Bosnia- Herzegovina's Council of Ministers, Adnan Terzic, and the Croat- Muslim entity's premier Ahmet Hadzipasic. #L# After his meeting with Terzic, Markovic told reporters that he was planning to co-ordinate activities of foreign companies interested in investments in Bosnia's energy sector. "Those are a few leading Italian companies, whose operations would be financially covered by foreign banks, for instance from England," Markovic said declining to give more details about the companies. Investors, who are represented by Markovic, are willing to invest in the construction of at least five hydroelectric power plants, with the power of 750 megawatts, in the Croat-Muslim federation. According to Markovic, the investors plan to secure about 1.3 billion dollars for this purpose, which may ensure the production of at least 1.4 billion kilowatt hours of electricity annually. Bosnian Premier Terzic said his government was very interested in enhancing the capacity of the country's energy sector. "Bosnia-Herzegovina is the only country in the region to have potential for the long-term export of electricity," he added. Commenting on possibilities of foreign investors' engagement in the privatisation of the Bosnian energy system, Terzic said privatisation could not be carried out in the next three to five years as this was the time necessary to complete the ongoing process of de-regulation. (hina) ms

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