FIPA Activities

BiH is an ideal country for investments

10/25/2019

- said Muzafer Čilek, a Turkish businessman

The BiH Foreign Investment Promotion Agency of BiH (FIPA) in cooperation with the Bursa Chamber of Commerce and Industry, BTSO, the BiH Honorary Consulate in Bursa, the BIGMEV Foundation and the BiH Consulate General in Istanbul organized the event "BiH Investment Day in Bursa", which gathered about 80 Turkish companies who were presented investment opportunities and advantages of BiH for investing.

Turkish businessmen were welcomed and invited to invest in BiH by Gordan Milinić, Director of FIPA, and Adis Alagić, Investment and Economic Advisor to BiH Presidency Member, Šefik Džaferović.

The Honorary Consul of BiH in Bursa and businessman Muzafer Čilek said that he has excellent experience in business in Bosnia and Herzegovina, both in furniture trade and energy production, and announces new investments in the tourism sector, in construction of smaller boutique hotels that will complete the BiH's tourism offer and restaurants. Cuneyt Sener, Vice President of the Board of Directors of BTSO and owner of SanPark Otopark, also announced new investments in BiH in the services sector and new parking space in Sarajevo.

As a result of the event, Vav Medica has announced its arrival in BiH and investment in the tourism and food production and agriculture sectors.

The total amount of announced investments amount to several tens of millions of BAM, and contacts and negotiations with other participating companies will continue, especially companies in the chemical and metal processing sectors.

Mr Milinić met with Murat Bayazit, Chairman of the BTSO Steering Board, to discuss on current cooperation, as well as developing new strategies and approaches to developing partnerships between BiH and Turkish companies and attracting new investments in BiH. Murat Bayazit cooperates with companies from BiH, especially to find buyers for products such as raspberries and other cultures.

During the meeting at the Honorary Consulate of BiH in Bursa, they discussed on new activities that will be organized soon in other cities in Turkey, on opportunities to cooperate with the Diaspora and to support local communities in BiH in order to enhance their capacity for promotion of potentials and cooperation with investors.

Testimonials & Success Stories

„FIPA has made a very significant contribution to the promotion of our operations in BiH and I would like to thank all the professionals who supported the endorsement of foreign investments in Bosnia and Herzegovina”

Nihad Imamović, BiH Auto Industry

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