According to the Council of Ministers of BiH, Croatia invested the most in BiH last year, a total of 161 million BAM. Just after the neighboring country is the Netherlands with 87 million BAM, followed by Turkey with 64 million BAM and Luxembourg with 62 million BAM of investments.
Significant investments have been made by states such as Austria (37 million BAM), Italy (30 million BAM), Russia (28.4 million BAM) and Kuwait (27.6 million BAM). From this data it can be seen that in our country are mostly investing countries that are members of the European Union.
Activities in the framework of which the most foreign investment registered in 2015 are financial services except insurance with 161.4 million BAM, telecommunications with 56.8 million BAM, production of chemicals and chemical agents with 56.2 million BAM, real estate (48, 2 million BAM), wholesale trade, except of motor vehicles and motorcycles (47.3 million BAM) and management activities, or advising in terms of management (36 million BAM).
“The level of foreign investments in BiH is unsatisfactory. The record annual inflow in the last 20 years (11.6 % of GDP) was recorded in 2007 due to the privatization of large state enterprise,” as announced from the Council of Ministers of BiH.
In fact, just two years after, the level of foreign direct investment in our country was seven times smaller, and the reason for that are effects of the recession.
“BiH did not manage to attract foreign investment that would be on the former level until today,” as stated from the Council of Ministers of BiH.
“With a well-known bureaucratic problems in BiH, the corruption is still represented, which is certainly one of the key elements that repel foreign investors,” as concluded from the Council of Ministers of BiH.
(Source: E. Musinovic/Klix.ba)
