FIPA Activities

FIPA, MFA, MOFTER and FTC Representatives Meeting

6/1/2016

FOREIGN INVESTMENTS - PRIORITY TASK FOR ALL INSTITUTIONS

Representatives of the Foreign Investment Promotion Agency of BiH (FIPA), the Ministry of Foreign Affairs, the Ministry of Foreign Trade and Economic Relations and Foreign Trade Chamber of Bosnia and Herzegovina had on 1 June 2016 a working meeting dedicated to joint work on attracting foreign investors in BiH.

Taking into account the trend of decrease of foreign investments in BiH in recent years, participants of the meeting agreed that attracting foreign investment is a priority task of all BiH institutions. Enhancing cooperation to improve inflow of foreign investments and improving coordination between institutions on promotion of Bosnia and Herzegovina as a destination of interest to foreign investors, as well as common and coordinated presentations to promote investment potentials of BiH should contribute to increasing foreign investments, without which it will not be economic progress.

The meeting also focused on the strengthening of economic diplomacy of the Diplomatic and Consular Missions of Bosnia and Herzegovina in the world so that experts - economic advisers from the economic sector are being selected to work on finding foreign investors.

It was concluded to intensify participation in all investment conferences and forums in the world, and to invest more resources in the development of promotional materials and to conduct a joint campaign in foreign media called "Invest in BiH". It will also be organized so-called "Outreach" campaign in some countries.

It was also stressed the necessity of joint work of all institutions to create a favourable legal framework for attracting foreign investors, and to eliminate para-fiscal charges that block economic activity in the country.

 

 

Testimonials & Success Stories
During his official visit to Sarajevo, Mlađan Dinkić, Vice-president of the Government of Republic of Serbia, which already invested € 832 million in our country, emphasized huge potentials and investment opportunities of Bosnia and Herzegovina, concluding in an interview:
„It is worthwhile to invest in Bosnia and Herzegovina“
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