Kosovo - Project FinancingKosovo - Project Financing
The following are international bilateral and multilateral institutions that provide project financing:
Overseas Private Investment Corporation (OPIC):
OPIC is a U.S. Government agency that promotes economic growth in developing and high-risk countries or regions by encouraging U.S. private investment. OPIC’s investment incentive tools are loan guarantees, direct loans, and political risk insurance. OPIC has supported two projects in Kosovo – a hydro power plant project and a real estate development project. OPIC funds also supported the development of the American Hospital.
OPIC
1100 New York Ave, NW
Washington, DC, 20572
Telephone: (202) 336-9700
Fax: (202) 408-5155
Web: www.opic.gov
U.S. Trade and Development Agency (USTDA):
USTDA is a U.S. Government agency that advances economic development and U.S. commercial interests in developing and middle-income countries. The Agency funds various forms of technical assistance, early investment analysis, training programs, orientation visits, and business workshops that support the development of a modern infrastructure and a fair and open trading environment. Contracts funded by USTDA grants must be awarded to U.S. companies. USTDA has been active in Kosovo’s telecommunications and information technology sectors.
The United States Trade and Development Agency
1000 Wilson Blvd., Suite 1600
Arlington, VA 22209
Telephone: (703) 875-4357
Fax: (703) 875-4009
E-mail regional office for Europe: mena_ee@ustda.gov
Web: www.ustda.gov
World Bank:
The World Bank serves as a vital source of financial and technical assistance to developing countries around the world.
Kosovo Resident Representative: Marco Mantovanelli, Country Manager
Pristina, Kosovo
Telephone: +383 38 224 454
Web: www.worldbank.org
European Investment Bank (EIB):
The EIB is the European Union's bank. It is owned by and represents the interests of European Union Member States. It works closely with other EU institutions to implement EU policy. In June 2013, the EIB signed a Framework Agreement with Kosovo, allowing it to finance priority projects, particularly in the areas of the environment, transport, telecommunications, and energy infrastructure. EIB’s involvement will facilitate the co-financing of projects with other donors and support the implementation of the Western Balkans Investment Framework and the Western Balkans Enterprise Development and Innovation Facility. Kosovo has identified eight priority projects for potential EIB support, six of which are in the infrastructure sector, including the rehabilitation and modernization of railways.
Konstantions Mastrogiannopoulos, Kosovo loan officer
Luxembourg
Telephone: +352 43791
Web: www.eib.org
Council of Europe Development Bank (CEB):
The CEB is a multilateral development bank with a social vocation. Established in 1956 to bring solutions to the problems of refugees, its scope of action has progressively widened to other sectors of action directly contributing to strengthening social cohesion in Europe.
Representative to the Governing Board:
Edon Cana, Consul General of Kosovo, Strasbourg
Telephone: Tel: +33 (0)1 45 00 02 06
Web: www.coebank.org
European Bank for Reconstruction and Development (EBRD):
The EBRD is an international financial institution that supports projects in 30 countries from central Europe to central Asia. Investing primarily in private sector clients whose needs cannot be fully met by the market, the EBRD promotes entrepreneurship and fosters transition towards open and democratic market economies.
EBRD
Pristina-Fushe Kosove Main Road
PO Box 122
Pristina, Kosovo
Telephone: +383 (0)38 242 07000
Fax: +383 (0)38 242 07071
Web: www.ebrd.com
Multilateral Development Banks:
U.S. Commercial Service Liaison Offices at the Multilateral Development Banks (World Bank)
The Commercial Service maintains Commercial Liaison Offices in each of the main Multilateral Development Banks, including the World Bank. These institutions lend billions of dollars in developing countries on projects aimed at accelerating economic growth and social development by reducing poverty and inequality, improving health and education, and advancing infrastructure development. The Commercial Liaison Offices help businesses that create U.S. jobs learn how to get involved in bank-funded projects and how to connect to other parts of the International Trade Administration, including the U.S. Field; the overseas network of Commercial Service offices; and, in Washington, desk officers, sectoral experts and the Advocacy Center.
Web Resources
Commercial Liaison Office to the European Bank for Reconstruction and Development Commercial Liaison Office to the World Bank