- A Memorandum of Cooperation with the Kuwaiti company Mostovi doo was signed.
![](/images/KUVAJT 2024.jpg?px=518)
The Director of the Foreign Investment Promotion Agency of Bosnia and
Herzegovina (FIPA) Marko Kubatlija met with Nasser Alshai, Director of the
Kuwaiti company Mostovi doo and representatives of the Kuwaiti Business Council
in Bosnia and Herzegovina. On that occasion, a Memorandum of Cooperation was
signed with the aim to intensify the promotion of investment opportunities in
BiH and improving economic and business cooperation between BiH and Kuwait.
Director Kubatlija pointed out that it is necessary to intensify the
exchange of visits between officials and businesspeople of Kuwait and Bosnia
and Herzegovina, in order to better understand the possibilities for economic
cooperation, which is currently far below the real possibilities, bearing in
mind the fact that Kuwait is ranked at 15th place by the amount of
investments in Bosnia and Herzegovina.
The organization of the Balkan Investment Summit in Kuwait at the
beginning of December this year has been agreed with the aim to present
investment potentials and investment projects from six Balkan countries. The visit
of a state delegation headed by the relevant ministers and the director of FIPA
is planned, including an economic delegation consisting of respectable
companies and owners of investment projects from Bosnia and Herzegovina.
The event will be organized in cooperation with the Ministry of Foreign
Trade and Economic Relations of BiH, the Chamber of Foreign Trade of BiH and
entities’ chambers of commerce.
The
interlocutors believe that this event is an ideal opportunity for companies
from BiH to access the Kuwaiti market, especially in the fields of
construction, ICT, health tourism, real estate, education and food production.