The Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) Gordan Milinić spoke with the delegation of the Chamber of Commerce of Carinthia, led by the President Jurgen Mandl, and the Trade Adviser of the Embassy of Austria in BiH Andreas Meindl on the possibilities for investing of Austrian companies in Bosnia and Herzegovina in the upcoming period.
The Director Milinić informed Austrian
businessmen about the trend of foreign investment inflows in BiH, pointing out
that Austria is the largest foreign investor in BiH, and that FIPA will make
efforts to increase the number of Austrian companies in our country.
Mr Mandl pointed out that the Chamber of
Commerce of Carinthia has been cooperating for a number of years with the
Chamber of Commerce of Sarajevo Canton, and that a number of companies from the
Carinthia region have expressed interest in investing in industrial production
in BiH, and that the goal of BiH visit is to explore additional opportunities
for their companies.
The representatives of FIPA informed entrepreneurs
about the business conditions in BiH, the steps in launching the company, the
establishment of business zones, and sectors that could be of interest to
Austrian investors.
The Aftercare program has been discussed that
FIPA implements in a way to work together with relevant institutions to remove
the administrative barriers that foreign firms face in their business in BiH,
including several Austrian companies that the Agency helped it in the previous
period.