FIPA Activities

Investors from Kuwait visited FIPA

3/27/2017

The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić talked with Kuwaiti investors and representatives of the company Al Dar National Real Estate on infrastructural projects they are interested in such as: projects of highway, railways, airports, and projects of food production, hotel, spa centres, as well as on their experience in business in Bosnia and Herzegovina.

Kuwaiti investors who are running business in BiH, emphasize that investors from Kuwait would invest more in BiH if the business environment is more favourable and simple, and spoke about their experiences and difficulties they had as of establishing company to realization of the project.

They overcame obstacles, but emphasize that investors go where it is easier to do business.

The Director Milinić informed the guests that all levels of governments are working to improve the business environment, which is imperative on the road to the EU, and without which BiH can’t achieve significant economic growth; that FIPA is working on proposing measures to improve the business environment, and that in 2016, it proposed 41 measures to improve the business environment in order to make BiH more competitive investment destination.

He stressed the fact that a study undertaken by the Foreign Investors Council (FIC) showed that 80% of foreign investors in Bosnia and Herzegovina continue to invest, what encourages us further to continue implementing the necessary reforms in order that the number of foreign investors is much higher.

 

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