The Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) and the MarketMakers Project organize the Workshop on Export-Oriented Business Services (BPO) that will be held on May 13, 2019 in the Hotel Europa Sarajevo.
The BPO sector
is one of the fastest growing in Bosnia and Herzegovina with numerous
opportunities for additional investments and employment. A special advantage
for local communities and the state as a whole is the possibility to reduce the
unemployment rate by attracting foreign investment in this sector in a very
short period, as the existing and potential investors in the BPO sector need
hundreds and thousands of new employees.
Bosnia and
Herzegovina has three key advantages for the sector of export-oriented business
services: i) good knowledge of foreign languages, especially English and
German; ii) the geographical position, time zone and access to the client's
market, and iii) the competitive labour price in comparison with Eastern
Europe. Although these conditions are enough to attract a "wider
interest", they are not enough just to invest, and Bosnia and Herzegovina
must work hard to show its long-term competitiveness.
Having in mind
the benefits of the BPO sector for the development of local communities and the
BiH economy as a whole, the aim of the Workshop is to present the potentials of
the sector and what local communities can do to make them more attractive in
this segment, reduce unemployment and retain young people, and that
representatives of existing investors in the country and the region present
their experiences and stories.