FIPA Activities

The Secretary General of the Association of Municipalities and Cities of RS visited FIPA

3/11/2016

The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić spoke with the Secretary General of the Association of Municipalities and Cities of RS Aco Pantić on the possibility for joint cooperation in the presentation of investment opportunities in the area covered by the Association, as well as through joint participation in projects and events whose the aim is to promote the development of local communities.

Mr. Pantić thanked the Director Milinić for organising a meeting. He explained that the Association of Municipalities and Cities is based in Bijeljina and two offices in Banja Luka and Trebinje, that they are, according to the Law on Local Administration of RS, a legal representative of local communities before the Government of this entity, and that they are coordinating the work of 64 municipalities and cities in RS. In 2015 with the support of the Embassy of Sweden in BiH, they made a Development Strategy of municipalities and cities of RS from 2015 to 2019 covering seven program areas, among which the most important is the area of the ​​local development.

The Director Milinić stressed that FIPA is determined in its intention to contribute to increasing foreign investments in BiH, that it resolutely started activities in search of foreign investors through all forms of communication and meetings, that the Council of Ministers of BiH supports the work of the Agency and that thereby, unconditional commitment of the Agency to contribute to improving the living standards of BiH citizens, became a priority.

The meeting also discussed the possibility of signing a Memorandum of Understanding between FIPA and the Association.

It was agreed that the Association will provide FIPA with all available investment projects that the Agency will then present to the target groups.

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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