( Editorial: --> 1729 )
ZAGREB, March 23 (Hina) - The head of the Croatian Power Industry
(HEP) administrative board, Damir Begovic, and the president of the
US corporation Parsons Power, William Hall, signed an agreement in
Zagreb on Monday for the reconstruction and extension of a co-
generation plant in Zagreb.
The signing of the first American-Croatian agreement on the
construction of a commercial project was also attended by Economy
Minister Nenad Porges and United States Ambassador to Croatia,
William Montgomery.
They described the agreement as a very important step in the
development of economic cooperation between the two states.
Joint investments, Montgomery said, were the right way towards
developing overall cooperation between Croatia and the United
States.
The value of investments in the reconstruction of the existing and
construction of new sections in the gas-fired thermal power plant
in Zagreb amounts to DM230 million.
Out of that amount, DM179 million is in a loan secured from the US
bank Exim with a very favourable annual interest rate of 3.75 per
cent, with a repayment period of 15 years.
The loan will be used after it is approved by the bank's committee,
probably at the end of April.
More than a year ago, bids were invited for this project and Parsons
Power was chosen from the four best bidders.
The completion of the thermal power plant is expected in the year
2000.
Croatian companies will also participate in the project.
Minister Porges recalled that the construction of the power plant
was envisaged in a letter of intent on cooperation between Croatian
and American companies, signed during a visit of US Secretary of
Commerce Mickey Cantor to Croatia in June 1996.
(hina) mm rm /mb
231754 MET mar 98
Šest ljudi, uključujući dijete, bilo je u zrakoplovu koji se srušio u Philadelphiji
Trumpova administracija razmatra stavljanje USAID-a pod kontrolu State Departmenta
Fragment od 19 km odvojio se od najveće ledene sante na svijetu
SKV: Hrvatska u 4,30 sati
SKV: Svijet u 4,30 sati
Zrakoplov se srušio u blizini trgovačkog centra u Philadelphiji
Sudac privremeno onemogućio Trumpu zamrzavanje saveznog financiranja
Najava događaja - fotografije - za subotu, 1. veljače
Najava događaja - sport - za subotu, 1. veljače
Najava događaja - kultura - za subotu, 1. veljače