FIPA Activities

FIPA at the Bosnia and Herzegovina – Saudi Arabia Business Forum

2/13/2026

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As part of the three-day visit of the delegation of the Kingdom of Saudi Arabia to Bosnia and Herzegovina, a Bosnia and Herzegovina – Saudi Arabia Business Forum was organized, along with business meetings between companies from the two countries, with the participation of more than 120 companies from Bosnia and Herzegovina and 30 companies from the Kingdom of Saudi Arabia.

On this occasion, the representative of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA), Gordana Radović, delivered a presentation, showcasing the business environment and outlining the business and investment opportunities available to international partners. The advantages of investing in key sectors of our country were highlighted, as well as the activities carried out by FIPA to support investments and facilitate business operations. This engagement provided an opportunity to present Bosnia and Herzegovina as an attractive investment destination and to establish new platforms for cooperation with partners from Saudi Arabia.

On the same day, business meetings were also held with the participation of companies from the sectors of agriculture, tourism and hospitality, real estate and investments, construction and industry, energy and renewable energy sources, information and communication technologies, trade and distribution, healthcare and professional services, logistics and transport, as well as the cooperative and consumer sectors.

Representatives of the Agency hadd B2B meetings with companies such as BlueDeer, Medical Advanced Sources, Alshahba Diamond Company, Vision of Tomorrow Exhibitions and Conferences Company, Power of Movement Medical Rehabilitation Company, Herbos Nature d.o.o. Sarajevo, and others, which represents a basis for deepening partnerships.

The Business Forum contributes to strengthening economic ties between the two countries and lays the basis for further investment initiatives.

Promotional activities in both countries are expected throughout the year with the aim to promote investment potential, connect business communities, and concretize investment projects.

Testimonials & Success Stories
 

Global Investment Promotion Best Practices 2012 of the World Bank has cited one example of support that FIPA provides to foreign investors who are running business in Bosnia and Herzegovina in order to contribute to increase the flow of foreign capital in the country.

The article said:  

„The Foreign Investment Promotion Agency (FIPA) of Bosnia and Herzegovina was an early convert to the idea of providing facilitation services to agribusiness investors as a way to maximize the positive impact of agriculture on the economy.

In 2007, for example, FIPA assisted a Dutch food processing company establish a US$1.6 million production facility to process unused milk ingredients into value-added products in Sarajevo to sell to markets in Eastern Europe and the Middle East.

As part of its aftercare program, FIPA assisted the company with its expansion plans. Among other things, the agency helped facilitate veterinary permissions, navigate various bureaucratic hurdles and played an important role in securing funding for the company’s expansion. It also helped develop a network of local suppliers and customers. As a result of these efforts, the Dutch investor developed stronger links with the Bosnian economy, thus increasing the positive spillover effects on the local economy.

Currently a new investment to establish a drying facility for milk powder is under way. This will further expand the processing facilities of unused milk ingredients. This additional planned investment is worth approximately US$2.8 million, thus nearly trebling the company’s original investment in the country“.

 

FIPA Activities

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