FIPA Activities

FIPA Director at a meeting with the newly appointed Head of the Commercial Office at the Embassy of the Kingdom of Spain

10/5/2021

-Improve cooperation in the field of renewable energy sources, tourism and infrastructure

The Director of the Foreign Investment Promotion Agency of BiH (FIPA), Milica Marković, received the newly appointed head of the Trade Office at the Embassy of the Kingdom of Spain, Mrs. Ana Maria Mazo Martinez and Trade Advisor, Ms. Montserrat Perez Ripoll, with the aim to inform them with the trends of foreign investments in BiH, and the current economic cooperation between the two countries with a focus on Spanish investments in BiH.

FIPA's experience so far in cooperation with potential investors from Spain shows that they were mainly interested in renewable energy sources, especially solar, then tourism, as well as the automotive industry where cooperation has been established with the BiH companies.

It was stated that Spanish investments are at a very low level, and that a way should be found to attract new investors from this country, on which FIPA and the Embassy of Spain will work together.

Trade Office of the Embassy of Spain and the Ministry of Foreign Trade and Economic Relations of Bosnia and Herzegovina in cooperation with FIPA, the Foreign Trade Chamber of Bosnia and Herzegovina, the Chamber of Commerce of the Federation of Bosnia and Herzegovina and the Chamber of Commerce of Republika Srpska, and with the participation of the Ministry of Energy and Mining Energy, Mining and Industry of the Federation of Bosnia and Herzegovina organized a workshop "Renewable Energy Sources in Bosnia and Herzegovina" which was held on March 23, 2021.

Testimonials & Success Stories

„The Heidelberg Cement Group has invested more than € 60 million in modern technology in BiH and an additional € 50 million are earmarked for further ventures, which shows our immense confidence in the BiH economy and its potential for sustainable growth. Our goal is to continue to grow and to expand our market.”
Branimir Muidza, Heidelberg Cement Country Manager for BiH

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