The Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) Marko Kubatlija met today with the Minister of Energy and Mining of the Republic of Srpska Peter Đokić in Banja Luka. During the meeting, they discussed the possibilities for improving cooperation in order to attract additional foreign direct investments to the Republic of Srpska.
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Director
Kubatlija praised the efforts of the Government of Republic of Srpska in
creating a favourable investment environment and emphasized FIPA's commitment
to the promotion of Republic of Srpska and Bosnia and Herzegovina as an
attractive destination for foreign investors. He stated that foreign investors
are showing increasing interest in investing in energy projects, renewable
energy sources, but also in infrastructure modernization and production
capacity development.
Kubatlija
proposed concrete activities for better promotion of the investment
opportunities of Republic of Srpska, including participation in international
fairs and investment forums.
During the
meeting, Minister Đokić pointed out that Republic of Srpska has significant
potential, especially in sectors that are strategically important for its
economic development. He pointed out that the Government of Republic of Srpska is
committed to creating a favourable business environment and providing support
to foreign companies interested in investments.
The Minister
emphasized the Government's continued support for the implementation of ongoing
and planned investment projects and the importance of coordinated action by
institutions at all levels.
It was
concluded that both parties will continue close cooperation in order to promote
the positive image of Republic of Srpska abroad and increase its
competitiveness in foreign markets.
FIPA currently
has about 500 projects in its database that it promotes and offers to foreign
investors. According to the Director of Kubatlija, as many as 80 percent of
investors who invested in BiH for the first time, are ready to do so again.