PRISTINA (AP)--Kosovo's energy and mining sector received $2.5 million under a grant agreement signed between the U.N. administration and the World Bank in the province, an official said Friday.
The deal was signed by the head of the U.N.'s economy sector, Joachim Ruecker, and the World Bank official in Kosovo, Kanthan Shankar on Thursday, said Mechthild Henneke, a U.N. spokeswoman.
The project aims to support Kosovo's integration in the regional energy market by establishing an independent transmission and system operator, development of a grid code and the development of a policy to utilize Kosovo's mineral resources, a statement said.
The World Bank has supported three projects in Kosovo's energy sector since 2000, mainly focused on technical assistance for developing a strategy for reconstruction of the energy and mining sector and improving the legislative framework for it.
Kosovo, which has been administered by the U.N. since 1999, is rich in coal, lead, zinc, nickel, gold and silver. The industry, however, has suffered from a lack of regulation and investment for years. [ 22-04-05 1002GMT ]