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Bosnia and Herzegovina
Economic development for peaceful coexistence
The state of Bosnia and Herzegovina (BiH) is still strongly marked by the war events of the 1990s. Reconstruction and sustainable economic development should enable the people of the country to improve their living conditions as a basis for peaceful coexistence. This is also an overarching objective of German Financial Cooperation (FC) with Bosnia and Herzegovina (BiH), which KfW has been implementing on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) since 1999.
The FC-financed projects make a major contribution to modernising the infrastructure and developing the private sector in the country. In addition to providing financial support for municipal infrastructure and granting loans to small and medium-sized enterprises, FC has focused on promoting renewable energies and energy efficiency.
After the end of the war in Bosnia, the country's electricity supply was in a desolate state. A large part of the power stations and distribution networks could no longer be operated. Today the electricity supply in Bosnia-Herzegovina is functioning again - also thanks to KfW’s support. To make better use of the great potential of renewable energies, KfW is promoting the construction and reconstruction of hydroelectric power stations and financing the country's first wind farms. At the same time the low level of energy efficiency of the Bosnian-Herzegovinian economy is to be improved. By placing the focus on the energy sector it is not only intended to contribute to climate and environmental protection by avoiding the emission of greenhouse gases and pollutants. A sustainable, cost-effective and reliable energy supply also serves the development of the Bosnian economy. Furthermore, electricity exports reduce the country's structural current account balance. In addition, the promotion of the energy sector supports Bosnia and Herzegovina on its path towards EU rapprochement, particularly in meeting the EU directives on renewable energies and energy efficiency.
Project Information - wind energy (PDF, 211 KB, non-accessible)
Further information
Local office
KfW Office Sarajevo
Director KfW Office: Dr Adam Drosdzol
Zmaja od Bosne 7-7a
Importanne Center Toranj O3
Peta (V) etaza
71 000 Sarajewo
Bosnia and Herzegovina
Phone: +38 733 59 04 09
Fax: +38 733 59 24 17