By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Cazin became a Real Economic Wonder in a short Period of Time
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Cazin became a Real Economic Wonder in a short Period of Time
BUSINESS

Cazin became a Real Economic Wonder in a short Period of Time

Published: June 10, 2017
Share
SHARE

CazinThe assigned status of the city to Cazin was seen in this local community as a recognition for everything done, as well as an obligation to continue with even better development in the future period. The image of Cazin drastically changed in a relatively short period of time.

Thus, from the former pre-war, among the four least developed municipalities in BiH, Cazin managed to become a real wonder in terms of economy.

Cazin has more than 2,000 registered small and medium enterprises, and it will also receive two industrial zones that will further facilitate and improve the economic development of this city. The infrastructure was also improved through the construction of hundreds of kilometers of roads, and traffic jams were solved with the construction of roundabouts.

“We have a very clear plan of projects and the development of our municipality/city together with citizens of Cazin for years. This can be seen through statistics of projects, or everything that has been done in the last ten years. What we can say for Cazin is that it had the status of one of the most underdeveloped municipalities among other 108 municipalities in the territory of BiH in the ‘90s. Cazin was among the four least developed municipalities in entire former Yugoslavia. However, now we can say that Cazin has no such status. We developed our infrastructure a lot. We constructed over 300 kilometers of roads together with our citizens in the last ten years,” said Mayor of Cazin, Nermin Ogresevic.

“We have more than 3,000 registered agricultural households, over 2,400 registered small and medium businesses. There is a lot of visible progress because one sector dragged another. The financial crisis in 2008/2009/2010 that caused the collapse of many industries in our country, did not have a great influence here. Both the construction sector and others, which means that the municipality was the investor, and the private sector as an investor as well. Thus, we have a large number of companies of civil engineering and construction that survived, further developed and now they are working not only in the area of Cazin but throughout BiH and abroad,” said Ogresevic.

“We are the largest producers of milk in BiH. We are also among large manufacturers of raspberries, berries, and vegetables in BiH and we have developed greenhouse production. We also have branded chestnut honey as a geographical mark. Recently, we signed an agreement on international branding where we will participate with financial resources as a municipality. There is a great potential, and we have been very specific when it comes to the support for our agricultural producers with incentives in the last eight to nine years. We are one of the very few municipalities with financial incentives for their agricultural producers,” stated Ogresevic.

Thus, Cazin allocates somewhere between 400,000 and 500,000 BAM on average for incentives to local agricultural production from the local budget. In this way, said Ogresevic, they want to encourage their agricultural producers by showing them that the local community wants to give them support as well. We believe that we have succeeded in that. The amounts produced speak enough about it.

“Somehow in that entire chain, the agricultural producer remains the last one, and in the end of the day, he gives his work, sweat, effort, and expectations. And still, he remains the last one. There should be more intervention at the state level. Mostly BiH, as well as the FBiH as an entity, and we need more sensitivity and understanding on what is happening on the field,” concluded Mayor of Cazin, Nermin Ogresevic.

(Source: faktor.ba)

Bosnian Central Bank decided to improve the Transparency
Brigadier General Jozsef Szpisjak is the New Chief of Headquarters of EUFOR
Bosnian Labor and Employment Agency has announced a new Call for Nurses who want to work in Germany
GIPS Tuzla Has Profit Gain of 36 Thousand KM
First Trade-Investment Forum of UK-BiH In London
TAGGED:#Cazin#city#economy#incentives#municipality#production#progress#successNermin Ogresevic
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article New 480 million EUR of Loan approved to Agrokor?
Next Article Trains headed towards Capljina again, Merger with Banja Luka soon
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Discover the Forgotten Gates of Sarajevo: Secrets and the Influence of Austro-Hungarian Architecture
May 18, 2026
EUFOR Supported the 3rd International Coffee and Chocolate Fair in Tuzla
May 18, 2026
More than 30 Council of Europe Parliamentarians arrive in Sarajevo
May 17, 2026
The Museum of Literature and Theater Arts of BiH implements a Digital Library Project
May 17, 2026
New Law Makes Stay of Workers from BiH in Croatia Easier
May 17, 2026
34 Years Ago, Defenders of Sarajevo Thwarted Aggressors’ Hellish Plan
May 17, 2026
Academic Freedoms at Universities in BiH increasingly threatened by Political Pressures
May 17, 2026
BiH and Moldova Move Toward First-Ever Scheduled Air Links
May 17, 2026
SOC: LGBTI Persons in BiH still without full Protection
May 17, 2026
Three Gold and One Silver Medal for Young BiH Athletes
May 17, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?