FIPA Activities

FIPA: THE MOST RECENT DATA ON DIRECT FOREIGN INVESTMENTS

3/30/2018

- In 2017, BiH records 758.4 million BAM – GROWTH OF 57.3%

According to the  published preliminary data of the Central Bank of BH, foreign direct investments for 2017 amount to 758.4 million BAM (387.8 million EUR), which represents an increase of 57.3% compared to 2016.

This is a significant increase, considering that in recent years in BiH, there has been mainly a decline in foreign investment inflows.

Considering the fact that in November 2017 the initial documents on realization of the investment in TE Kamengrad - Sanski Most (2x350 MW) were signed in the amount of about 1.5 billion BAM thanks to the FIPA efforts, last year is ranked as one of the most successful in attracting foreign investment in BiH.

We expect this positive trend of growth in inflows of foreign direct investments in the coming period, despite numerous difficulties of objective and subjective nature. However, in order to make direct foreign investments in BiH in billions of BAM, it is necessary that the Council of Ministers of BiH, as FIPA has previously proposed, finance and realize the advertising campaign "Invest in BiH" in the leading world media, and introduce incentives for foreign investors for every new job created, as almost countries in the region did (for example, Serbia gives between 3,000 to 7,000 EUR to foreign investors for every new job opened.

The growth of foreign investment inflows indicates that the measures implemented from the Reform Agenda have led to the stimulation of the economic growth, including export growth, and that the authorities have made great efforts to achieve this result.

The growth of economic indicators in the country, which implies the creation of new jobs for the BiH citizens, additionally encourages and motivates to continue to work on the implementation of economic reforms in the country, which are necessary if it wants to continue with a growth.

It should be added that in order to continue improving the economic situation in the country, an even stronger work on the promotion of the country abroad is needed in order to attract new foreign investments.

It is also relayed on a stronger engagement of the BiH economic diplomacy in this field, which FIPA managed to significantly animate in the last two years.

Testimonials & Success Stories

„I must say I am extremely impressed with the quality, efficiency and speed
of FIPA’s service. It is a shining example to other government departments in the region.”

Claudio Cassuto, Director, London, European Finance Convention Foundation

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