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CROATIA, WORLD BANK IMPLEMENTING 20 PROJECTS

ZAGREB, May 27 (Hina) - Croatia and the World Bank are implementing 20 projects for which the latter's International Bank for Reconstruction and Development has approved loans worth US$580 million and EUR360 million. Another five projects worth close to US$400 million are being prepared.
ZAGREB, May 27 (Hina) - Croatia and the World Bank are implementing 20 projects for which the latter's International Bank for Reconstruction and Development has approved loans worth US$580 million and EUR360 million. Another five projects worth close to US$400 million are being prepared. #L# Since Croatia's becoming a full member in 1993, the World Bank and its International Financial Corporation and the Multilateral Investment Guarantee Agency have approved significant funds through numerous loans, deeds of donation and guarantees primarily intended for reconstruction, the building of the infrastructure, structural adjustment, and development. Among the projects being drawn up, the most important include the modernisation of the Rijeka Port and the building of a Rijeka ring road, and eco-friendly water supply and drainage in coastal areas. Each of these two projects is worth US$150 million. The rest is envisaged for the modernisation of land and cadastral books, investments in the pension system, and a loan to the HEP power supply company for town heating plants. (hina) ha sb

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