13 April 2010
Multi-skilled consultancy, WYG, together with an international consortium, has secured the second phase of a massive European Union funded programme to restore and upgrade transport, environment and energy infrastructures across the Western Balkans.
The four-year, €15.3 million project was secured against fierce competition and will build on the foundations already successfully laid down in an existing €15.1 million project led by WYG International. Combined, these two projects now represent WYG International’s largest ever single programme of work.
Keith Cook, Director of WYG International’s socio-economic programmes welcomed the award. He said: “This is confirmation that we are now the primary provider of donor-funded consultancy services in the Western Balkans.
“This contract represents a significant milestone in the development of WYG International as a major project management consultancy and justifies our long-term strategy for the Western Balkans region,” he added
Economic prosperity is absolutely crucial for the long-term stability of this troubled region of south east Europe and the development of an effective market economy requires efficient transport, energy and environmental infrastructures at both national and regional levels. WYG International and its partners are helping to identify and develop crucially needed projects and then to provide the bankable documents, such as pre-feasibility and feasibility studies, preliminary and detailed design studies, required to unlock the financial support of the International Funding Institutions. Through their efforts, some €52 million has already been released to fund much needed infrastructure improvements across the region.
This project brings WYG International’s total to nine in the Western Balkans, with a further five under negotiation and set to begin.
Keith added: “We can now proceed with even greater confidence with the establishment of WYG country firms in Croatia and Serbia over the coming year.”