The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić spoke with the newly appointed Trade Advisor of the Austrian Embassy in BiH Philippe Kupfer about the possibilities for cooperation on improving foreign investments in BiH, as well as about joint organization of events with the aim to present opportunities of Bosnia and Herzegovina to investors from Austria.
The Director Milinić presented activities of
FIPA in the field of attracting foreign investments, cooperation with
investors, promotional activities currently carried out by the Agency and
planned ones in the next few months.
He pointed out that Austria is the biggest
foreign investor in BiH and that he expects new investments from this country.
Mr Kupfer was interested in the support that
FIPA provides to foreign investors in BiH in the investments realization,
including post-investment support.
It was discussed progress that BiH has made in
improving the business climate, pointing out that according to Doing Business
2017 BiH is ranked at the 81st.
The trade Advisor was also informed on the
media campaign "Invest in BiH" initiated by FIPA and he was invited
to explore the possibilities of publication of promotional texts on Bosnia and
Herzegovina in the Austrian magazines.
It was agreed that Austrian investors who face
with bureaucratic obstacles, contact FIPA to have support, and that cooperation
with the Trade Department in the field of attracting investments continues.
The Trade Department of the Embassy of Austria
will inform Chambers of Commerce and other business associations in Austria on all
available projects for investing in BiH and it will deliver them the FIPA promotional
materials.