NEWS ...

16. September 2004.
Project M.E.S.T.A.P.

Signed the Contract for procurement of solid waste equipment

On September 14, 2004 the Contract for procurement of the solid waste equipment containers, for municipalities Kotor and Budva, was signed.

Total value of the Contract is 157.195,35 EUR, and the Contractor is "UNIS" Kovina, Visoko (Bosnia and Herzegovina). The Contract includes the delivery of 350 containers of a  volume of 1,1 m3, 30 containers of 5 m3 and 30 containers of a volume of 7 m3.

This is the first Contract to be financed from the project M.E.S.T.A.P. The total value of this project is 7 million USD and foresees solving of the solid waste disposal problem on Montenegrin coast.

 

The loan, with repayment period of 20 years, including grace period of 10 years and interest rate of 0.75% per annum, is provided from the World Bank which become effective on April 9, 2004 when the procedures for procurement of the solid waste equipment started.

 


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