The owner of projects Sunnyland and Emirates Sheikh Mohammad bin Saqr Al Qasimi, accompanied by his associates, visited FIPA to discuss with the Agency's management about new investments that he is planning to realize in BiH, as well as proposals for cooperation related to establishing a Arab Investments Council in BiH and the organization of the BiH Economy Fair in the UAE in February 2018. He also pointed out as a good business idea investing by participating in equity where it is possible to integrate private and state capital.
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He also
pointed out as a good business idea investing by participating in share capital
where it is possible to integrate private and state capital.
In addition,
FIPA was asked to encourage foreign investors to invest not only in Sarajevo
but also in other parts of Bosnia and Herzegovina, such as Tuzla, Bihać,
Mostar, Banja Luka with the goal to contribute to more balanced development of
all parts of BiH.
In terms of
tourism, besides investing in the construction of hotels and entertainment
facilities, BiH offers opportunities for investing in health tourism, establishing
medical institutions, and the construction of sports facilities with the aim to
attract sports clubs that would come to BiH for their preparations. Sheikh Al
Qasimi pointed out, among other things, that Bosnia and Herzegovina could
attract much more investments, including tourists, if it would more work on its
promotion, because the investors' experience say that there is very little
knowledge about Bosnia and Herzegovina in the world.
Also, when it
comes to tourism, it is necessary to work a lot more on its promotion so that
BiH attract tourists not only in the summer, but also in other seasons, which
is not the case now.
The FIPA
Director Gordan Milinić expressed the readiness of the Agency to work closely
with the representatives of Sunnyland and Emirates on the realization of new
investments and establishing a Arab Investments Council in BiH in order to
avoid the possibility of possible abude and misrepresentation, and to know who is
the real investor.
FIPA will also
provide the necessary support for all other cooperation proposals.