FIPA Activities

Aftercare meeting at MDG International Ltd Sarajevo

4/26/2024

The Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) together with the Ministry of Economy of the Sarajevo Canton and the Municipality of Vogošća, as well as with partners from the World Bank, visited the company MDG International Ltd.

The company MDG International Ltd was founded in 2012 and operates very successfully in the sector of production of parts for the automotive industry, placing its products at the European Union market.

It employs 95 workers and they have the possibility to increase the number of workers. They achieve excellent cooperation with mechanical engineering schools (three schools) in the area of Sarajevo Canton, which is a great example of cooperation between the private and the public sector.

They also produce electricity for its own needs.

The meeting also discussed future plans, the current business environment and how to improve the current situation in the production sector, as well as the steps that representatives of the institutions will take after the meeting.

The Aftercare program is implemented with the technical support of the International Finance Corporation from the World Bank Group.

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During his official visit to Sarajevo, Mlađan Dinkić, Vice-president of the Government of Republic of Serbia, which already invested € 832 million in our country, emphasized huge potentials and investment opportunities of Bosnia and Herzegovina, concluding in an interview:
„It is worthwhile to invest in Bosnia and Herzegovina“
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