FIPA INVESTMENT PROJECT PROFILE BIOMASS BRIQUETTES, SOKOLAC Project title Production of biomass briquettes (pellets) Sector Wood industry Location Sokolac, Bosnia and Herzegovina Location description Land plot of 16,000 m2with production facility, open and closed storage and office space is located in Podromanija, municipalities of Sokolac, along the main road to Rogatica, and only 30 km far from Sarajevo.The building was constructed in accordance with the technical regulations, norms and standards and has all installations: water, sewer, electrical and hydrants. Project background Given the fact that area of Romanija and Podromanijais extremely rich in preserved forests of conifers and deciduous trees, the complete pellet production would be based on domestic raw material. The project proposer has an established business relationship with the PE "Serbian Forests", ensuring the supply of raw materials over the long term. Transportation costs are minimal, taking into account availability of raw materials at a distance of 30 km from production facility. Project status Thestudyon biomass research at the area of RomanijskiPlato has been doneand it showed an extremelyrichsource of raw materialswith the possibilityof many yearsexploitation period. Project description Taking into account the fact that the manufacturing facility with additional storage space already exists, the proposed investment project can be realized in a relatively short period of time including the launch of the production process. The realization of the revenue can be expected in the first year. Estimated total app. 500.000EUR investment cost Inputs provided by Value Description local partner 500.000EUR Facilities with infrastructure, land plot, study on availability of raw material, and agreement on use of raw materials Inputs required from Value Description foreign partner 500.000EUR Corresponding equipment for the production of pellets Form of cooperation Joint venture with foreign partner Supporting information For additional information about this project, please contact FIPA either by e-mail: available [email protected] or phone number: +387 33 278 080. Grbavička 4, 71000 Sarajevo / Tel. +387 33 278 080 / Fax +387 33 278 081 / www.fipa.gov.ba / [email protected] .