BUSINESS

3 Million BAM of Incentives for Defense Industry 

oruzje-ilustracija1At the proposal of the Ministry of Energy, Mining and Industry of FBiH, Government of FBiH yesterday adopted the Program of expenditure of grants for capital transfers to public enterprises and financing of development projects in the amount of three million BAM.

Aim of the program is to create a more favorable business and investment environment and to improve operating conditions for enterprises in defense industry in FBiH by implementing strategic goals adopted in the document Development of industrial policy and the Strategy of Development of Defense Industry of FBiH.

Expected results are increase in the number of employees, growth of the index of production for the defense industry sector, application of new technologies and processes, improvement of quality control, development of new products and production processes, and improvement of the general business situation, stated the Information Office of the FBiH Government.

(Source: fokus.ba)

Leave a Comment