New 53 million euros from the EU for investments in North Macedonia

The Deputy Prime Minister in charge of European affairs, Bojan Maricic, announced on his Facebook profile that three more projects have been approved by the European Commission for North Macedonia, through the call for investment grants worth 53,015,968 euros.

Today I received great news from Brussels, which I immediately share with you, the citizens. The European Commission approved 53,015,968 euros for North Macedonia, for three new projects for the implementation of the Economic and Investment Plan for the Western Balkans, namely: Renovation of six hydropower plants, construction of a wind farm in Bogdanci and construction of regional centers for solid waste in Polog. Pelagonia, Vardar, South-West and South-East regions in cooperation with the European Bank for Reconstruction and Development.

This is help for the state to carry out the reforms but also to reach European standards faster and easier by improving the environment and improving the infrastructure

Bojan Maricic, Vice Prime Minister of North Macedonia

Maricic, as the National IPA Coordinator believes that European funds and foreign donor aid are of great importance for energy independence and environmental protection, two areas that bring a serious improvement in the quality of life for Macedonian citizens.

By the end of July last year the European Union approved the first four investment projects for the implementation of the Economic and Investment Plan for the Western Balkans. Our country applied with 4 investment projects and received support for all projects in the amount of 225.6 million euros. The approved projects of the last call for investment grants are for the project to build a railway between North Macedonia and Bulgaria on corridor 8, Kriva Palanka section – border with Bulgaria a grant from the Investment Framework for the Western Balkans (WBIF) was awarded, in the amount of 149.2 million euros, for the project for the procurement of equipment for Oslomej 1 Photovoltaic Station in the amount of 1.6 million euros, for the purchase of equipment for Oslomej 2 and Bitola Photovoltaic Power Plant, in the amount of 5 million euros, and for the construction of a wastewater treatment plant in Skopje, in the amount of 69.

Within the framework of the sixth call for infrastructure grants, grants in the amount of 1.1 billion euros were approved for all six countries from the Western Balkans, and projects from North Macedonia participate with 20.5% of the approved amount, the Secretariat for European Affairs informs.

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