FIPA Activities

Aftercare visit to the company Buroj

12/16/2020

Within the Cooperation Network, as part of the post-investment support program for investors in BiH, representatives of the Foreign Investment Promotion Agency (FIPA), representatives of the Ministry of Economy of Sarajevo Canton and Ilidža Municipality, visited Buroj International Group doo Sarajevo and exchanged experiences and knowledge regarding identification and resolving open issues of investor to encourage the growth and operation of companies in BiH.

Representatives of the company spoke about the current business situation, as well as opportunities for improvement and development, areas in which they operate and the contributions they make to the BiH economy, as well as other issues were discussed.

Buroj Int group doo is a company operating in the real estate, tourism and services sector (since 2015), and plans to employ several thousand workers at full capacity (the number of 100 workers is planned at the beginning of next year, ie in early January, and most likelys will triple by the end of the year, and the total capacity is significantly higher, especially after the development of the project where a large number of employees will be involved). During their five-year business, they encountered many open issues, which significantly slowed down the implementation of projects, but they solved many of them and started implementation of the project. The support of government institutions at all levels should be more developed in the realization of significant investments like this one. The project is implemented together with the municipality of Trnovo.

With the realization of all projects, an investment worth billions of convertible marks would make a great contribution to the overall BiH economy.

Finally, it is important to note that meetings with investors in BiH take place within the Cooperation Network, a network of institutions at all levels of government in BiH, which are aimed at cooperation and resolving open issues of investors. Technical support for the project is provided by the International Finance Corporation, the World Bank Group in cooperation with the British Embassy in BiH, through the Project of Attracting Investments and Improving the Business Environment.

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