- UAE ranked at the 15th position in the list of investor countries in BiH
Organized by
the Embassy of BiH in the UAE, led by Ambassador Šefik Mujkanović, a delegation
of businessmen from UAE and Oman led by Sheik Mussallim Bin Salem Bin Ham,
owner of Bin Ham Group, visited the Foreign Investment Promotion Agency of BiH
(FIPA) to get information on conditions and investment opportunities in our
country.
Founded 43
years ago, Bin Ham Group operates in the oil, energy, electronics and
mechanics, construction, as well as agriculture and tourism sectors and employs
a large number of workers. Since it plans to expand its business abroad, BiH
has been selected as one of the possible destinations for investing, especially
in the area of animal feed production and tourism.
Since this is
the first visit of this delegation to our country, the Director Gordan Milinić
wished businessmen a welcome to BiH, thanked them for their visit, pointing out
that investments from the UAE are welcome in BiH.
To get a
better picture of business opportunities in BiH, a presentation was held about investment
opportunities with a focus on the business environment, the benefits of
investing in BiH, attractive sectors such as tourism, energy, metal processing,
agriculture and food production, textiles and ICT.
Speaking about
foreign investments in BiH, it was pointed out that the UAE is ranked 15th
on the list of foreign investors, with 102 million EUR invested so far, and
that the most significant investors are Zeraa Investment, Emirates doo and BBI.
Investors were
also informed about the steps and conditions for starting a business and
establishing a company, the conditions of business, the status of foreign
investors, etc.