New Complex of Towers



1. Height: The biggest tower will be 165 metres tall
2. Presentation: 17. April in 10 days from now (?), we will have an official presentation of the project, where also Government & Municipality officials, investors, banks, contractors etc. - will be present.
3. Finance: The project will cost 250 million Euro, "IFC" will finance the project with a 75 million euro credit, Raiffeisen Bank will finance it with 15 million euro - the rest will be financed by "ENK Invest Group".

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Jesus beat the devil with two sticks. Colossian 2:13,15

Proud American!

Communism/Socialism is similar to legalizing burglary and murder!

World Trade Center Prishtina









REMEMBER KOSOVO HAS BECOME INDEPENDENT 40 DAYS AGO...

In less than 2 months of Kosovo independence, the rebuilding of economy has begun with an aggressive competition in its market and the luring of 4000 investors.

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Jesus beat the devil with two sticks. Colossian 2:13,15

Proud American!

Communism/Socialism is similar to legalizing burglary and murder!

Kosovo Government to privatise three major public companies

Prishtina, March 28, 2008 – In the regular meeting of the Government held yesterday in Prishtina, the Prime Minister of Kosovo, Mr. Hashim Thaçi, announced that, after numerous recommendations, the Government has reached a conclusion to privatise the three major public companies - Prishtina International Airport, Kosovo Energy Corporation (KEK), and Post and Telecommunication of Kosovo (PTK).

“The Kosovo Government should engage in an open economy supported by the development of a strong private sector. Therefore, the Government is devoted to foreign investments and for this matter, we will take the needed measures in order to develop Kosovo’s natural resources through our private partners”, declared Prime Minister Thaçi.

This, according to him, is to be accomplished through the privatisation or through granting concessions on some of the assets of the public enterprises, by starting with KEK, PTK and the Prishtina International Airport.

Thaçi stated that the Government that he leads is devoted to the implementation of all the projects in full transparency and competition.

The Kosovar Prime Minister also said that, the executive branch will take all the needed measures for the maximal improvement of the energetic situation in the country, all in favour of the citizens of Kosovo.

__________________
Jesus beat the devil with two sticks. Colossian 2:13,15

Proud American!

Communism/Socialism is similar to legalizing burglary and murder!

Kosovo: EBRD to support the construction of new power plant




Prishtina - In a meeting with Justina Pula, Kosovo Minister for Energy and Mining, the Director of European Bank for Reconstruction and Development (EBRD), Claudio Viezzoli said that EBRD is ready to financially support the project for the construction of power plant "Kosovo C".

Minister Pula has informed Mr. Viezzoli that Kosovo Government has a new strategy for the energy sector development and is finalizing the program for the mining sector.

Viezzoli pointed out during the meeting that EBRD has also expressed the readiness to finance the construction of new power plant towards the previous Government of Kosovo.

__________________
Jesus beat the devil with two sticks. Colossian 2:13,15

Proud American!

Communism/Socialism is similar to legalizing burglary and murder!

Banking System in Kosovo

Over the past four years Kosovo's financial sector has been built on completely new foundations. The Banking and Payments Authority of Kosovo (BPK), established in November 1999, is an independent body which successfully regulates the banking and insurance sectors.

All of Kosovo's banks are now private, some of them foreign-owned. There are seven registered banks, ten Savings and Credit Associations, twelve micro-finance institutions, four other non-banking financial institutions and eight insurance companies. The Pro Credit Bank, established upon the initiative of several leading International Financial Institutions, and the Raiffeisen Bank of Austria have the largest market share in Kosovo. Local banks licensed by the BPK include the New Bank of Kosovo, the Bank for Private Business, the Economic Bank, the Credit Bank of Pristina and the Kasabank, which all offer similar banking services (see page 47 for the contact details of these banks).

The banking sector is growing quickly. According to the World Bank, there has been a rapid increase in loans and deposits as a percentage of GDP in the past few years. The number of inter-bank operations was multiplied by ten between 2001 and 2002, and doubled in 2003. The ratio of bank operations to assets was multiplied by eight, from 0.33 in 2001 to 2.67 at the end of 2003.

__________________
Jesus beat the devil with two sticks. Colossian 2:13,15

Proud American!

Communism/Socialism is similar to legalizing burglary and murder!

Kosovar Government adopts the plan for EU integration

Pristina, KOSOVO – the Government of Kosovo has adopted today the plan for European Integrations for the period 2008 – 2010. The plan foresees all activities to be undertaken by Kosovar Institutions in achieving the EU standards in legislation and administration. The Kosovar Prime Minister Hashim Thaçi said the EU integration is the main priority of the Kosovar Government.

The adopted document contains the action plan for European partnership, the concept document for bringing Kosovar legislation closer to the EU and foresees structural reforms of public administration in all fields.

Prime Minister Hashim Thaçi expressed his belief that the road of Kosovo towards the European Union will be shorter than for other countries. The reason for this is the fact that Kosovar legislation, build from scratch after the war in 1999, is overwhelmingly compatible with the EU legislation.

__________________
Jesus beat the devil with two sticks. Colossian 2:13,15

Proud American!

Communism/Socialism is similar to legalizing burglary and murder!

Kosovo: plan for Trepça mines drafted

Prishtina - UNMIK Pillar IV is keeping its plan for the revival of Trepca mines in secret until it gets a green light from the Kosovo government.

According to Besa Kabashi, press officer at the Kosovo Trust Agency (KTA), this plan includes setting up a team that will develop pro-active plans for the revival of Trepca’s assets

Blerim Rexha, deputy head of the Ministry of Energy said that Kosovo Government is looking closely into the plan and it will be studied carefully as this is a very sensitive issue to the people of Kosovo.

Nazmi Mikullovci, manager at Trepca said that there is some production at Trepca. According to the press officials of the Independent Commission of Mines and Minerals, Trepca mines fulfil security standards.

__________________
Jesus beat the devil with two sticks. Colossian 2:13,15

Proud American!

Communism/Socialism is similar to legalizing burglary and murder!

so, it gets started. a big pace. I wish them success.

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Darkness imprisoning me
All that I see
Absolute horror
I cannot live
I cannot die
Trapped in myself
Body my holding cell

Land mine has taken my sight
Taken my speech
Taken my hearing
Taken my arms
Taken my legs
Taken my soul
Left me with life in hell

Project: Foreign Direct Investment Promotion in Kosovo




Summary
Within this project proposed by ECIKS and financed by ADA, ECIKS represents the Investment promotion Agency of Kosovo (IPAK) in the German-speaking countries.

Description
Due to its unresolved political status, Kosovo has in previous years attracted a low amount of foreign direct investments (FDI). International aid provided since 1999 has to some extent enabled the reconstruction, but has unfortunately failed to create sustainable economic development. The most important issues for the coming years in Kosovo will be country’s economic growth and the fight against poverty and unemployment.

FDI are the most efficient tool to create new jobs in Kosovo and to pave the way for a sustainable economic development in the future. Hence, the main goal of this project is to reduce the poverty and to contribute to economic development by actively stimulating and facilitating the FDI. The Economic Initiative for Kosova – ECIKS, who is implementing this project, is achieving this through a pro-active identification of potential investors in the German-Speaking countries and directly stimulating them to invest in Kosovo by providing all relevant information and assistance. To ensure a wide institutional support, ECIKS is acting within this project as a branch office for the German-Speaking Countries of the Investment Promotion Agency of Kosovo (IPAK).

The project is foreseen to last 3 years with the possibility of extension for additional 3 years. It is financed by the Austrian Development Agency (ADA) and supported by:

Ministry of Trade and Industry of Kosovo
ADA – Business Partnerships
Raiffeisen International & Raiffeisen Kosovo
Wirtschaftskammer Österreich
MIGA / IIWB (World Bank)
Vienna Economic Forum
Institut für Donauraum und Mitteleuropa
Chamber of Commerce of Kosovo
Kosovo Trust Agency

ECIKS strongly believes that foreign investments, as a trigger for economic development, will bring employment, new businesses and will promote the transfer of new technological and managerial know-how to Kosovo. In the long run, they will contribute to the sustainable economic growth of Kosovo and make it a huge winner.

Kosovo has great potential to become a favoured destination for FDI and to attract capital, information and technology. The Vienna Office of the Investment Promotion Agency of Kosovo, which is implemented by ECIKS, is committed to give its contribution towards attracting FDI for Kosovo.

__________________
Jesus beat the devil with two sticks. Colossian 2:13,15

Proud American!

Communism/Socialism is similar to legalizing burglary and murder!

we are determined to make Kosova a powerful country.

Another great news must be added that a major German-French-Turkish conglomerate is about start a major investment in the southern western Kosovo of roughly 2.5 billion dollars due in September of 2009.

__________________
Jesus beat the devil with two sticks. Colossian 2:13,15

Proud American!

Communism/Socialism is similar to legalizing burglary and murder!