FIPA Activities

The newly appointed BiH Ambassador to Spain visited FIPA

9/24/2019

- SPAIN HAS INVESTED 28.4 MILLION BAM IN BIH SO FAR

The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić received the newly appointed Ambassador of BiH to Spain Danka Savić with the aim to inform her on the trends of foreign investments in BiH and the current economic cooperation between the two countries with a focus on Spain's investments in BiH.

As of December 2018, according to the Central Bank of Bosnia and Herzegovina, Spain invested 28.4 million BAM in Bosnia and Herzegovina, representing a 0.2% share in total investments. This amount of investment is mostly registered within the trade.

The experience of FIPA in cooperation with potential investors from Spain indicates that they were mainly interested in the automotive industry where the cooperation with local companies have been established, and in the production of solar energy.

It has been stated that Spanish investments are at a very low level, and that a way is going to be found to attract new investors from this country, where FIPA and the ambassador will work together.

It was pointed out that the BiH Foreign Trade Chamber, in cooperation with the Spanish Institute for Foreign Trade and Investment (ICEX) and with the support of the Spanish Embassy to Bosnia and Herzegovina, will organise a Business Forum Bosnia and Herzegovina - Spain on the topic "Experiences and Future Challenges in the Development of Railway Transport " on October 3, 2019 in Sarajevo.

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