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Kosova Airlines Seeking Partners to Achieve Ambitious Growth Plans

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KOSOVO<br />

Environment & Spatial Planning<br />

Regional Water Company-Prishtina<br />

Water Company Offers<br />

Outstanding Investment Potential<br />

The Regional Water Company-Prishtina<br />

(KUR-Prishtina) is one of Kosovo’s<br />

post war success s<strong>to</strong>ries. As CEO<br />

Skender Bublaku explains, Kosovo<br />

had around 30 water companies before<br />

the war which served around 40%<br />

of the population. Today, thanks <strong>to</strong><br />

a consolidation campaign between<br />

2002 and 2007, seven regional<br />

water companies handle distribution<br />

of water throughout the country. In<br />

addition, these water companies have<br />

been upgraded <strong>to</strong> meet EU standards.<br />

KUR-Prishtina is now valued at some<br />

€80 million and covers its expenses<br />

with its own revenues. It has doubled<br />

the number of its cus<strong>to</strong>mers since 1999<br />

and now serves 550,000.<br />

Kosovo’s successful model for<br />

water distribution is now being<br />

implemented by neighbouring<br />

countries. “Even though we need a<br />

lot of investments in the water distribution<br />

field, what we have already<br />

achieved is quite an impressive<br />

result. We now serve around 75% of<br />

the population,” Skender Bublaku<br />

points out. Individual wells and<br />

other private water resources supply<br />

the remainder of the population,<br />

but KUR-Prishtina aims <strong>to</strong> serve<br />

the entire population in the near<br />

future.<br />

Privatisation of water distribution<br />

is now allowed by law but the<br />

government has not yet announced<br />

Skender Bublaku, CEO<br />

its plans for the sec<strong>to</strong>r. “Getting the<br />

legislation <strong>to</strong> allow for privatisation<br />

was the initial step in the process,”<br />

Skender Bublaku says, noting that<br />

the government is likely <strong>to</strong> retain a<br />

majority share in the water distribution<br />

sec<strong>to</strong>r but will allow for increased<br />

participation by the private sec<strong>to</strong>r.<br />

The waste treatment sec<strong>to</strong>r, on<br />

the other hand, is likely <strong>to</strong> be fully<br />

privatised. Foreign companies and<br />

inves<strong>to</strong>rs will find significant opportunities<br />

in both sec<strong>to</strong>rs as Kosovo’s<br />

economy expands. Skender Bublaku<br />

explains that private investment<br />

will be needed <strong>to</strong> build a new waste<br />

treatment facility, and another<br />

opportunity for foreign inves<strong>to</strong>rs is<br />

<strong>to</strong> provide drinking water through<br />

operating the existing network and<br />

collecting fees, following the system<br />

currently employed in electricity<br />

distribution.<br />

Providing outsourced services<br />

concerning water distribution and<br />

waste treatment is another avenue for<br />

foreign inves<strong>to</strong>rs. Skender Bublaku<br />

says, “Here at KUR-Prishtina, we<br />

support the entry of the private<br />

sec<strong>to</strong>r in all activities, and Kosovo’s<br />

new law on public-private partnerships<br />

creates an ideal opportunity<br />

for foreign inves<strong>to</strong>rs.”<br />

KUR-Prishtina offers outstanding<br />

investment potential not only<br />

because of the opportunities in<br />

Kosovo’s water sec<strong>to</strong>r but also<br />

because of the company’s successful<br />

reconstruction, sound financial<br />

status and strong track record. To<br />

potential inves<strong>to</strong>rs, Skender Bublaku<br />

says, “Do not hesitate <strong>to</strong> contact us!<br />

Kosovo is a country where you can<br />

make a profit!”<br />

Regional Water Company J.S.C.<br />

rr Tahir Zajmi p.n.<br />

Prishtina<br />

KOSOVO<br />

Tel.: +381 38 541 211/129<br />

Fax: +381 38 541 437<br />

www.kur-prishtina.com<br />

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