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EBRD INVESTED DM150 MILLION IN BOSNIA-HERZEGOVINA

( Editorial: --> 3373 ) SARAJEVO/KIEV, May 12 (Hina) - Bosnia-Herzegovina this year participated for the first time as a country-shareholder of the European Bank for Reconstruction and Development (EBRD) at its annual convention which took place in Kiev during the past two days. A Bosnian delegation headed by a Vice-Chairman of the Council of Ministers, Neven Tomic, who is also Bosnia's governor in the EBRD, on Tuesday presented the potential of the country and its two entities for further financial cooperation with European states. The Bosnian delegation held numerous bilateral meetings with representatives of companies and countries which are interested in investing in Bosnia-Herzegovina. The EBRD has to date invested more than DM150 million for the reconstruction of infrastructure, said a statement issued today from Tomic's office in Sarajevo. Many direct investments in companies and banks in the form of shareholders' capital or loan-granting have been registered as well, the statement said. The EBRD last year financed 108 projects in 26 countries with more than ECU3.3 billion. (hina) rm/mrb 121857 MET may 98

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