In the first quarter of 2017, BiH recorded the increase of 28.7 % of in foreign investments when compared to the same period last year, which is encouraging fact considering the situation from the previous years when the decline in foreign investments was recorded.
According to the preliminary data of the Central Bank of BiH, foreign investors invested a total of 210.8 million BAM in the first three months, as announced by the Foreign Investment Promotion Agency of BiH (FIPA).
From FIPA stated that they are investing huge efforts to promote BiH as attractive for investments and to find new potential investors from abroad, but that their work is largely aggravated by the political turbulences that discourage investors from investing in BiH.
“However, despite all encountered difficulties, some of the regular meetings and discussions that FIPA conducts with potential foreign investors, assurances that the invested money is safe in BiH, and further emphasizing examples of foreign investors that successfully operate in BiH and reinvest, are giving some results,” as noted by FIPA.
They also noted that BiH needs foreign investments due to the lack of domestic funds for the launch of an important investment cycle, for employment, transfer of new technologies, knowledge, skills, and achievement of important economic growth.
They are hoping that the trend of growth of investments will continue until the end of the year, as well as the interest of foreign companies in investment in BiH, considering the current activities that the relevant institutions are conducting regarding the presentation and promotion of our country and all investment opportunities, as announced by the FIPA.
(Source: klix.ba)
