President of the European Bank for Reconstruction and Development (EBRD) Jean Lemierre would come to Bulgaria on November 26 for a two-day visit, the EBRD press office announced.

During his visit, Lemierre would take part in the Central European Initiative meeting and sign contracts for two projects in which the bank would participate. The participation of the EBRD in the projects showed how important regional integration was for the bank, Dnevnik daily said.

During his visit Jean Lemierre would meet Prime Minister Sergei Stanishev and Finance Minister Plamen Oresharski. In the talks he intends to point out EBRD support for energy efficiency, infrastructure, energetics and the corporate sector, the EBRD press statement said. EBRD's president would also participate in a discussion on how to increase EBRD's investments in Bulgaria.

The first of the two projects he would sign was a 54-million euro credit for the Svoge hydro-electric power plant, for the construction of nine small hydro power stations in the Iskur river. The second credit line was for 6.75 million euro for the modernisation of the Loukovit brick factory, owned by Austrian company Wienerberger.

EBRD was the biggest investor in Bulgaria with 1.4 billion euro invested in different projects throughout the country. Together with its partners, the bank participated in raising 5.7 billion euro for investment in Bulgarian companies, the media statement said.