The Ambassador of Malaysia to BiH HE Zakri Jaafar and his associates visited the Foreign Investment Promotion Agency of BiH (FIPA) in order to have information about the opportunities for investing in BiH and sectors that could be of interest to Malaysian investors, as well as opportunities that would boost economic cooperation between the two countries to a higher level.

The inflow of Malaysian investments in BiH is low, and only a few Malaysian companies operate in BiH.

The Director Gordan Milinić introduced the Ambassador with the responsibilities and mission of the Agency, coordination of the work of the competent institutions in the field of attracting foreign investments, 350 available projects and 300 locations for investing.

He also presented the growth of investments in 2017 amounting to 758 million BAM, as well as projects that could contribute to a significant increase in investments in 2018, such as the TPP Kamengrad Project for which the Memorandum of Understanding was signed, as well as on-going contacts with potential investors.

A presentation on the possibilities and conditions of investments in BiH was held and on  economic sectors of BiH for which FIPA is looking for investors. The Embassy will inform the Chambers of Commerce and Business Associations in Malaysia about the possibilities of investing in BiH.

The media campaign "Invest in BIH" of the FIPA was presented with the aim to inform the foreign business community about the possibilities for investing for whose implementation FIPA required financial support from the Council of Ministers of BiH.

It was agreed that the Embassy of Malaysia, if it is in a position to meet with journalists from Malaysia, to direct them towards  FIPA for presentation of BiH.