The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić talked with the representatives of the organization CRS Vojislav Ivanović and Sretan Ćemalović about the way in which FIPA can be involved in the promotion of the BiH investment projects, whose elaboration is being assisted by this organization, in cooperation with USAID.
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Speaking about the work of the FIPA on
attracting foreign investments in the last two years, the Director Milinić recalled
among other the obligation of all competent institutions to work on opening new
jobs and increasing employment in the country, pointing out that in 2017, BiH has
recorded an increase of the foreign investments inflow. In the first quarter of
2017, the growth was recorded in the amount of 28%, while in the second quarter,
it reached 66.8%. The joint work of the competent institutions in improving the
business environment, as well as the stabilization of political conditions in
the country is a basic precondition for attracting significant foreign
investments. All efforts in this direction are welcome, including the
activities of CRS in the implementation of the Restoration Accountability and
Supporting Transformation project in BiH with the financial support of USAID.
Namely, CRS currently implements projects in
two components: support to a number of municipalities in BiH to improve the
business environment in line with BFC (Business Friendly Certification)
standard and support to municipalities in implementing infrastructure projects.
These projects are implemented in 20
municipalities having the BFC certificate and the seven municipalities that are
on the path to obtaining this certificate. Otherwise, CRS has been present in
BiH since 1993 and has implemented a large number of projects of social
importance.
FIPA is expected to assist with the
presentation of investment projects coming from 20 municipalities and finding
investors for these projects, as well as organizing a conference in 2018 where
these projects would be presented to foreign investors.