Republika e Kosovës
Republika Kosova – Republic of Kosovo
Qeveria - Vlada - Government
 Ministria e Ekonomisë dhe Financave / Ministarstvo Privrede i Finansija / Ministry of Economy and Finance

Monday, 07 December 2009

KEK Electricity Distribution and Supply Company (KEDS) Privatization Committee held today its first meeting, aimed at initiating the consultation process for privatization in Kosovo’s energy distribution and supply.

At this meeting, the Prime Minister of Kosovo, Mr. Hashim Thaçi, expressing the Government commitment for a transparent and orderly process, said that "Today is once again confirmed the firm commitment of the Government of the Republic of Kosovo for private sector participation in the energy sector and demonstrated its continued support for a successful and transparent privatization of KEK distribution and supply. Our goal is to provide a supply that is a prerequisite for development of the country.”

He said that the Government of Kosovo has supported reforms that are in line with international standards and will continue, to work with numerous partners, to build the institutions and frameworks that support a free and transparent market.

"Private sector participation in KEK distribution and supply network is expected to increase billing and collecting, reduce energy losses and improve supply. The challenge is real, but we believe in success," said Prime Minister Thaçi.

Minister of Economy and Finance, Mr. Ahmet Shala, said the process of privatization of KEK distribution and supply will be for the benefit of all Kosovo citizens, improve energy supply and economic development in general.

"The Privatization Committee aims to create a group focused on monitoring the privatization process. This committee shall oversee the process and report to the Government, on the necessary steps, achievements and its challenges,” said Minister Shala.

He further added that "Government of Kosovo is committed to attract private sector participation, through the tendering process, which is fully transparent and according to best international practices. All investors, respectively bidders will be treated equally, while the process will be tendered internationally.