Mirza Teletović and his family recently registered their company Eko-wat in Jablanica with the aim to start an investment of BAM 10 million (USD 5.56 million), portal Klix.ba reported.
Salem Dedić, the mayor of the town in Herzegovina region’s north, said the basketball player’s projects received necessary permits and that the construction of two small hydropower plants could start in 2016. The concession still needs to be followed by the environmental licence, issued by the Ministry of the Environment and Tourism of the Federation of Bosnia and Herzegovina, one of the country’s two entities. According to the spatial plan, there is possibility for construction of two more mini systems.
The Teletovićs plan to build the facilities in the river Doljanka, helped by a consultant firm from capital Sarajevo. The NBA player is placing the biggest investment in his hometown of all its athletes, according to Dedić. “He has various visions on investing in Jablanica and we will support and follow him in that,” the municipality chief added.