Name of the project: Addressing Corrosive Capital Flows

Donor:  Center for International Private Enterprise (CIPE)

Duration: July 11, 2019 – June 30, 2020

Budget: $32,517.89

Partners: The International and Security Affairs Centre – ISAC Fund (Serbia), Centre for Contemporary Politics (European Western Balkans) (Serbia), Centers for Civil Initiatives (Bosnia and Herzegovina) and Center for Democratic Transition (Montenegro)


The objectives of this project are 1) to strengthen the role of private sector-led initiatives that advance local solutions to economic and governance challenges and 2) to improve governance based on liberal democratic and marker-oriented principles and institutions in authoritarian countries and emerging democracies. Project’s case studies in North Macedonia are the Miladinovci-Shtip and Kichevo-Ohrid highway sections, whose constructions is financed by a loan from the Export-Import Bank of China and led by the Chinese company Sinohydro Corporation Ltd. The project activities entail strategic planning, identification and analysis of high-risk foreign capital inflows and governance gaps, roundtables on the policy papers with the private sector, meetings on the policy papers with public officials, and public policy roundtables and other local outreach on the policy papers.

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Addressing Corrosive Capital Flows