Image: Guillaume Périgois/Unsplash
The European Commission has launched a call for private companies investing in the Western Balkans of Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Montenegro and Serbia.
The priority areas for the call are based on the strategic priorities of the Growing Plan for the Western Balkans and the Western Balkan Investment Framework. Include The green transition from the region through investments in solutions for clean energy, such as renewable energy sources, energy efficiency measures and innovative energy technologies.
According to the Online publicationThe call was designed to open a dialogue about concrete investment options and to identify ways to overcome related restrictions in the region.
The committee has said that it could possibly support some projects that have been submitted to the call through available policy, technical and financial instruments. It can also facilitate contact with partner institutions for possible financial cooperation with eligible projects.
To be eligible, Projects must cover one or more of the aforementioned Balkans countries and are carried out by a private company in the EU, the European Economic Area or the Western Balkans. The total project investment project must be at least € 10 million ($ 11.3 million), while participants have to prove that they can finance at least 15% of the total costs of the project.
The first phase of the call for interest of interest is open until 21 May. The committee has said that, depending on the number and the scope of entries, the call can be reopened for later phases of submission.
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