As part of activities to improve cooperation with the municipalities in B&H, the representatives of FIPA had a meeting on 25th December, with Igor Curcic, Head of the Economy and Social Affairs Department of the Municipality of Foca.
The topic of the meeting was intensification of cooperation between FIPA and the Municipality, projects collection, providing information about incentives for investors, procedures for issuing building and other permits, and possibilities for improving cooperation, etc.
Mr Curcic pointed out on this occasion that the Municipality of Foca has great potential in the wood-processing industry, including the production of briquettes and pellets from the wood waste. The coal mine Miljevina represents also an investment potential, including possibilities for producing the medicinal-plant, for constructing mini hydro plants and possibilities of eco-tourism.
As one of the most significant foreign investment, he emphasized an Egyptian investment in 2012 in the wood processing plant FL "Wood" which currently employs 60 workers.