Companies sign up to rebuild Kosovo

Britain joined the race to cash in on the rebuilding of Kosovo this week with the first meeting of the Department of Trade and Industry’s Kosovo regeneration taskforce, set up to ensure that the UK wins a share of the multi-billion pound reconstruction work in the shattered Yugoslav province. Companies which met trade minister John […]

Britain joined the race to cash in on the rebuilding of Kosovo this week with the first meeting of the Department of Trade and Industry’s Kosovo regeneration taskforce, set up to ensure that the UK wins a share of the multi-billion pound reconstruction work in the shattered Yugoslav province.

Companies which met trade minister John Battle included consultants and construction companies Ove Arup, Amec and Mott MacDonald. The CBI and the British Consultants Bureau also took part.

The immediate need is for civil construction work, but the meeting agreed that power stations and railways destroyed by Nato’s 11-week bombing campaign also need urgent rebuilding.

The taskforce will send representatives to Kosovo to assess the situation and the scope for UK business.

Funding for rebuilding Kosovo will come from many sources, the DTI said, including the World Bank and the European Union. The EU is assessing how much funding will be needed.

* Trade secretary Stephen Byers met his Japanese counterpart Maoru Yosano in Japan this week to discuss a joint UK-Japanese initiative for firms to cooperate in regeneration work.