FIPA Activities

FIPA PARTICIPATED AT INVESTMENT MANAGEMENT EXHIBITION IN FRANKFURT

9/28/2021

The FIPA delegation led by the Director Milica Marković participated at the Investment Management Exhibition (IME), a two-day investment event, from 8th to 9th September 2021 in Frankfurt, Germany.

On this occasion, she presented investment opportunities of Bosnia and Herzegovina and had several meetings with potential investors and entrepreneurs.

The IME is the ideal place for growing companies looking for funding and it welcomes cities, regions and countries that would like to present specific investment projects to an audience of entrepreneurs and investors from all around the world.

IME offers matchmaking between project owners and investors or entrepreneurs not only as part of the event itself, but throughout all 365 days of the year. Especially in times of the pandemic it developed a virtual platform which allows Investment Promotion Agencies to showcase their projects and investors to get a brief overview of promising opportunities for their investment has become even more important. 

Testimonials & Success Stories
 

Global Investment Promotion Best Practices 2012 of the World Bank has cited one example of support that FIPA provides to foreign investors who are running business in Bosnia and Herzegovina in order to contribute to increase the flow of foreign capital in the country.

The article said:  

„The Foreign Investment Promotion Agency (FIPA) of Bosnia and Herzegovina was an early convert to the idea of providing facilitation services to agribusiness investors as a way to maximize the positive impact of agriculture on the economy.

In 2007, for example, FIPA assisted a Dutch food processing company establish a US$1.6 million production facility to process unused milk ingredients into value-added products in Sarajevo to sell to markets in Eastern Europe and the Middle East.

As part of its aftercare program, FIPA assisted the company with its expansion plans. Among other things, the agency helped facilitate veterinary permissions, navigate various bureaucratic hurdles and played an important role in securing funding for the company’s expansion. It also helped develop a network of local suppliers and customers. As a result of these efforts, the Dutch investor developed stronger links with the Bosnian economy, thus increasing the positive spillover effects on the local economy.

Currently a new investment to establish a drying facility for milk powder is under way. This will further expand the processing facilities of unused milk ingredients. This additional planned investment is worth approximately US$2.8 million, thus nearly trebling the company’s original investment in the country“.

 

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