The FIPA Director Milica Marković met in Istanbul with Mustafa Damar, president of AVVA Global Energy Holdings for Asia, Middle East and Africa and his team to present the business environment and investment opportunities of Bosnia and Herzegovina.

AVVA Global Energy Holdings is a global energy company structured to meet the urgent needs of electricity around the world. They create solutions with clean technologies adapted to local needs. They deal with investing in renewable energy sources, especially solar energy, and the production of solar panels, liquid gas, solutions for water desalination and wastewater treatment all over the world. The head office is in Australia, and they have offices in Dubai, Turkey, Qatar, the Netherlands, Switzerland and North Africa.

Representatives of the mentioned company were familiarized with the existing projects and legal and tax legislation in BiH, and further contacts are expected regarding their plans for expansion in BiH.

Director Marković also met with Serkan Korkmaz Arslak, coordinator of the investor support office at the Istanbul Development Agency, to discuss plans for cooperation on FIPA support for Istanbul companies that intend to expand to Bosnia and Herzegovina.

Meetings were also held with companies at the Glassman Europe Istanbul Fair, during which were presented projects from BiH.