FIPA Activities

Acting director of FIPA at a meeting with the Ambassador of the Republic of Ireland

5/8/2024

- With the opening of the Embassy in Sarajevo next year, the Republic of Ireland plans to work more intensively on improving economic cooperation

The Acting Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) Marko Kubatlija met with the Ambassador of the Republic of Ireland for Bosnia and Herzegovina, based in Ljubljana, Adrian Farrell. They discussed bilateral relations between Bosnia and Herzegovina and Ireland, economic cooperation and plans for promotional activities and more intensive promotion of the investment potential of Bosnia and Herzegovina for Irish investors.

Mr Kubatlija presented the basic advantages of Bosnia and Herzegovina for foreign investors, past cooperation and his plans for establishing direct contacts with Irish investors and more intensive promotion of investment projects from targeted sectors.

The Ambassador Farrell offered support in terms of presenting Irish experiences in the process of attracting foreign investors and their cooperation with the diaspora, and emphasized that due to certain similarities with Ireland, Bosnia and Herzegovina could apply Irish good practices and attract more significant investments and support to foreign investors.

The interlocutors agreed that examples of Irish investments such as Hotel Central Sarajevo and Trasna Solutions d.o.o Gračanica could serve as a good example for the intensification of FIPA's promotional activities in the Republic of Ireland, which were planned during the next year. It was concluded that there is a need to strengthen economic cooperation, and that the established flights of the Irish company Ryanair will contribute to a greater influx of tourists and investments from Ireland to Bosnia and Herzegovina.

 

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