The Director of the Foreign Investment Promotion Agency (FIPA) Gordan Milinić received a delegation from the Ministry of Economy of Tuzla Canton led by the Minister Osman Puškar in order to discuss the continuation of successful cooperation in attracting foreign investments in BiH.

Since the Ministry of Economy is currently working on the development of new investment projects, it has been agreed that all new projects will be included in the FIPA project base in order to be offered intensively to foreign investors.

It was particularly discussed the strengthening activities in the implementation of the Law on Public-Private Partnership (PPP) for which the legal provisions in the Tuzla Canton exist.

Considering possibilities that Public-Private Partnership can offer in terms of attracting both domestic and foreign investments in sectors such as health, sport, culture, tourism, infrastructure, and public services, intensifying the PPP implementation will automatically open new chances for investments’ growth.

It was noted that PPP laws have not yet been adopted at the level of the FBiH and BiH, which decrease the opportunities for foreign investments.

The meeting also discussed business and free zones in BiH, emphasizing that a significant number of business zones in BiH lack basic infrastructure for work, and therefore cannot be interesting for business.

FIPA and the Ministry will jointly work on the implementation of projects, and a joint application for one of the TAIEX projects has been agreed with the aim to define high-quality and applicable Public-Private Partnership laws in BiH.