CROAT GOVERNMENT DISPLEASED WITH BIDS FOR ROAD CONSTRUCTION

ZAGREB, April 13 (Hina) - Croatian Finance Minister Bozo Prka said at a Government session today that the European Bank for Reconstruction and Development (EBRD) had granted three loans to Croatia so far. At the beginning of May eight EBRD executive directors were expected to arrive in Croatia to consider possibilities for granting new credits to Croatia, Prka said. He added that the ERBD showed willingness to set up funds which will participate in the process of privatization, and the Bank was also interested in the commercial investment into Croatia. At the session the Government accepted conclusions about the tender for construction of highways in Croatia. Development and Reconstruction Minister Jure Radic explained the conclusions, and said that bids offered for constructions could fulfill neither political nor economic interest of Croatia. Bidders overrate the costs of building some facilities, and demanded too big deposit from Croatia, he added. And, the proposed duration of concession for 40 years was not suitable for Croatia. Prime Minister Nikica Valentic said the granting of concessions for construction of highways in Croatia was included in the government's economic programme, but not at any cost. (hina) mm mms 131628 MET apr 95