FIPA Activities

Job places creation, a priority of FIPA

3/24/2017

Continuing the practice of providing support to foreign investors in BiH, representatives of the Foreign Investment Promotion Agency of BiH (FIPA) led by the Director Gordan Milinić organized a meeting with several investors from the UAE led by Sheikh Mohammad bin Saqr Al Qasimi to have information on their realized investments so far, future plans and on any possible administrative obstacles in BiH.

At the meeting, it was discussed on the project of Sunnyland on whose realization 500 were engaged; currently it has 80 employees, while the value of the investment is estimated at 15 million BAM. It was also talked about the preparation of the next projects that will be realized in the tourism sector in BiH, and it was emphasized the importance of the created new jobs in the current economic situation in the country, and the future employment through the launch of new investments.

Investors have pointed out that that they didn’t face with administrative obstacles, neither problems of other nature during realisation of their investment in BiH.

Bosnia and Herzegovina is considered as their second country and they are doing everything to animate your business partners to invest in BiH.

They pointed out that they have close cooperation with investors from Kuwait and China who are invited to invest in BiH, as well as the fact that their efforts contributed to the increase in the number of tourists in BiH from the Gulf countries, thanks to opening a direct line from the UAE to Sarajevo. A number of these tourists came back again in BiH, but this time as investors, among who was Sheikh Al Qasimi. He pointed out that ten years ago in BiH had only five hundred tourists from the UAE per year, and that even now BiH has 500 tourists a day arriving from the UAE, which has great significance for the development of the BiH tourism and related activities.

The Director Milinić handed investors recognition in gratitude for their contribution to the development of the BiH economy and increasing the number of employees in the country. He called Sheikh Al Qasimi to closely cooperate together in the field of bringing investors from this part of the world, as well as investor Rashid Murad Taher Albalooshi who was handed recognition.

FIPA, as a major address on foreign investments in BiH, is available to all potential investors in order to support realization of investments and to provide information on investment opportunities.

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„There is great interest for investment in infrastructure and energy projects in BiH“
Alessandro Profumo, Director of UniCredit Group.
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