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: Forto: Diaspora is one of the greatest Potentials of BiH
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 > POLITICS > Forto: Diaspora is one of the greatest Potentials of BiH
POLITICS

Forto: Diaspora is one of the greatest Potentials of BiH

Published: June 25, 2024
Share
SHARE

The “Connecto 2024” conference, a business event that brings together more than 260 business people from Bosnia and Herzegovina and the diaspora from 29 countries in the region, Europe and the world with the aim of strengthening the economy and attracting investors who will invest in the home country, began today in Mostar.

“Our goal, like every year, is to gather members of the diaspora and local entrepreneurs to communicate with each other and find new ways to establish business relationships. In BiH, the departure of young people is a big problem, but also the departure of people in general. Those people who have become diaspora often are successful in the countries they went to, and our goal is for them to recognize that it pays to invest in BiH and cooperate with local companies, and that in this way they can earn additional earnings, as well as potentially realize existing investments or open new companies.” , said the director of INTER Technology Park (TP), Vedran Šimunović.

He pointed to the former fundamental problem of the lack of work, and today the lack of people who will do the work.

“INTERA TP was created in 2011, and in 2013 was the first Connecto conference. Back then, the fundamental problem was the lack of work, and today the fundamental problem is the lack of people who will do the work, and that had a big impact precisely on the diaspora. Now we have to attract people from the diaspora to come back to BiH and work from here. However, in order to attract them, they must have the same conditions as abroad in terms of wages, and thus get realistically better living conditions,” said Šimunović.

He stated that, according to estimates, about 600 thousand people left Bosnia and Herzegovina in the last ten years.

“When you look at the calculation of education and how much it costs, it is a direct loss of 131 billion marks that we have lost in the last ten years. Maybe it is not measured that way, and maybe it should be. On the other hand, according to some estimates in relation to the GDP, when one person leaves, it costs the state and all of us approximately 100,000 per year. So, we lose a huge amount of capital just through the departure of people. The only solution here is to create such good conditions, and we can do it because we have all the potential for people to start return and work on the global market from Bosnia and Herzegovina,” said Šimunović.

The owner of Ruff Cycles, Petar Desnica, said that he found a well-educated and motivated team in BiH.

“By the way, I’m from Zadar, I live in Germany, and all our factories and operations are in BiH. I feel only positive things in BiH. I’m a co-owner of the family GS group that has a factory in Travnik, and we’re not disappointed, but we’re doing well here. We have excellent We are growing, and we currently have about 750 employees in Bosnia and Herzegovina. This year two new factories are opening, one in Prozor-Rama and the other in Novi Travnik, so I think that life is better here than in Germany those who want to go there will not find their happiness, they will work from morning to night, they will always be seen as foreigners and I think they will return in a couple of years and they will be fine,” Desnica said.

BiH Minister of Communications and Transport Edin Forto emphasized that one of the greatest potentials that Bosnia and Herzegovina currently possesses is abroad.

“I like to call them our people who live outside. The very concept that we see here in the technology park is very important, where scientific and research institutions, universities, and the private sector meet, which is very important for Bosnia and Herzegovina. It has been proven that every brand invested in scientific -research work returns fourfold through economic activity. That is why, as someone who comes from the state sector, I constantly advocate that the state invests in such projects precisely because of this investment ratio. It is never a kind of support, but always an investment in economic activity “, assessed Minister Forto, Fena news agency writes.

Niksic–Spence: Significant Achievements of the FBiH Government in realizing the goals of Sustainable Development
FBiH Government presents the anti-corruption plan
Schmidt’s Arrival to Bosnia will shift German Politics towards Balkans
The Prime Minister of Hungary to pay an Official Visit to BiH Today
Why is it important how Votes are distributed territorially in BiH?
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 Court sentenced Former Mayor of Sarajevo’s Old Town to Prison Sentence
Next Article Dubai has announced Plans to invest Eight Billion Dollars in Stormwater Drainage System
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

SIPA arrests Four Persons, finds a fake EUROPOL ID Card
November 4, 2026
What Lies Behind Dodik’s Message to Bosniaks on a “Definitive Conversation with Croats and Serbs?”
November 4, 2026
International Conference on Combating Corruption Opens in Neum
November 4, 2026
BiH Citizens prevented from Smuggling 28 Foreign Nationals
November 4, 2026
SIPA conducts the “BIG” Operation in Sarajevo
November 4, 2026
Final Distribution of Party Seats in State and Entity Parliaments
November 4, 2026
The Opening of the new Section of the A-1 Zenica North-Zepce Highway
November 4, 2026
Democrats took Control of both Houses of the US Congress
November 4, 2026
Covic meets with the Head of the EU Delegation and the Ambassadors of EU Member States in BiH
November 4, 2026
Dodik Attacks the Constitutional Court Once Again: Is He Using Maximalist Demands to Mask His True Goals?
November 4, 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?