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Reading: Without foreign direct Investments, the BiH Economy would sink deeper
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Sarajevo Times > Blog > BUSINESS > Without foreign direct Investments, the BiH Economy would sink deeper
BUSINESS

Without foreign direct Investments, the BiH Economy would sink deeper

Published August 23, 2023
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Recently, data from the Central Bank of Bosnia and Herzegovina (BiH) have recorded positive trends in the field of foreign direct investment (FDI), which is good news for this country that is facing challenges to economic stability. Economist Faruk Hadzic was interviewed in order to get a deeper insight into these trends and their impact on the BiH economy.

One of the most noticeable aspects of these investments is the growth of the investment after a long time. Hadzic points out that, when the data is analyzed in more detail, there is one particularly interesting phenomenon – Great Britain stands out as the leading investor.

“This can largely be attributed to the company Adriatic Metals, which started with a large investment near Vares. Their strong investment project not only brings economic benefits but also creates new jobs, which has a positive impact on the local community,” said Hadzic.

He points out the importance of individual companies as drivers of the growth of FDI in BiH, and this growth has a strong cascading effect on the entire economy.

Asked which sectors are the most attractive for foreign investors, he emphasizes that the information and communication technology (ICT) and financial sectors are still very attractive. However, he notes that a new sector has opened up that has attracted attention – mining.

Hadzic concludes that FDI are an indispensable factor in maintaining the economic stability of BiH. These investments directly affect key economic indicators such as gross domestic product, employment and foreign trade balance. In addition, they open doors to new sectors and business opportunities, contributing to the diversification and sustainable growth of the BiH economy, N1 reports.

E.Dz.

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TAGGED:#analysis#bosnia#economy#news
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