Representatives of USAID, visited on 23 January 2015 the Foreign Investment Promotion Agency of BiH (FIPA) to present the five-year project „Energy Investment Activity“, which officially started on 18 September 2014.
The project includes four components:
1. Identification and removal of barriers to investments in the energy sector
2. Identification of coherence between the energy production and waste products from agriculture, wood processing industry and animal husbandry, and proposal of measures to stimulate investment in the biomass power plant
3. Removal of remaining obstacles to the full opening of the electricity market
4. Contractual schemes for energy efficiency
The Agency Director Jelica Grujic expressed readiness for further cooperation necessary for creating a better business environment considering that the project is of great importance for foreign investors who intend to invest in the energy sector.