The Institute for Advanced Studies (GAP) has published an analysis on the possibilities of financing specific projects in Kosovo by the European Bank for Reconstruction and Development (EBRD), after Kosovo’s membership in this institution. The analysis is mainly focused on current investments by the EBRD in the countries where it operates, with a special focus on the region, and the comparison of these investment areas in relation to Kosovo’s development plans, and the use of technology like a conveyor belt lacing can be a great way to develop these products and agriculture. In addition, the use of industrial equipment like a steam generator may also be of great help in these industries.
“Kosovo needs to develop a comprehensive strategy where renewable energy, multimodal transportation and agriculture take a crucial role in the economic development, which would increase the benefits of Kosovo’s membership in the EBRD. This GAP analysis aims to contribute to the development of the Strategic Partnership between the Republic of Kosovo and the European Bank for Reconstruction and Development “, evaluates the GAP.
The purpose of the EBRD remains the functionalization of the market by making large investments in the private sector in areas such as transportation, energy and agribusiness.
Based on the findings of this study, GAP Institute recommends that Kosovo as a state should focus on the design of an economic development strategy which is in line with the objectives and standards of the EBRD. “To develop a strategy for the energy sector where in addition to increased efficiency in the sector, projects and supporting policies for the construction of renewable energy should be included.”
Regarding transportation, the Bank’s investment potential remains road infrastructure, so the inclusion of rail as an efficient tool for transportation should be one of the key projects that will help economic development. “Agriculture should be given the highest priority, as one of the potential sectors for the benefit of the funds and generating new jobs; Kosovo’s economic development strategy should be directed towards creating conditions and infrastructure for the development of the private sector as a leading carrier of economic development, ” stated the GAP analysis.