Turkish firms eye Bosnian energy

SARAJEVO - Anatolia News Agency

Leading Turkish energy sector companies are planning to make investments in Bosnia and Herzegovina, which is rich in renewable energy potential and water resources.

Several Turkish companies have decided to invest in Bosnia and Herzegovina after the Bosnian Minister of Energy, Mining and Industry, Erdal Trhulj, paid a visit to Turkey at the beginning of the month, during which he met with Energy Minister Taner Yıldız and Finance Minister Mehmet Şimşek, said Edhem Bicakcic, the director-general of the Bosnia and Herzegovina Electricity Company (EPBIH), speaking to Anatolia news agency on Aug. 17.

Bosnia only uses 35 percent of its hydroelectric energy potential, and needs to increase this rate, Bicakcic said.

Representatives from seven different Turkish companies will come to Bosnia and Herzegovina in either September or October to explore opportunities for investment in the energy sector and meet with Bosnian government officials, he said.Bosnia-Herzegovina has around 1,000 medium and large rivers which offer great potential as renewable energy resources.