Business News

1.495.000 BAM was allocated for the improvement of business zones in 11 municipalities of FBiH

Business News

11/25/2015

The Minister of Development, Entrepreneurship and Crafts of FBiH Amir Zukić and representatives of 11 municipalities in the Federation of Bosnia and Herzegovina (Bosanska Krupa, Ilijaš, Grude, Tešanj, Gornji Vakuf-Uskoplje, Visoko, Gradačac, Bosanski Petrovac, Kakanj, Posušje and Žepče) have signed agreements on granting funds for improving entrepreneurship zones in FBiH, which the total value amounts to 1.495.000 BAM. 

The Ministry of Development has provided 1 million BAM, and the government of Switzerland 495.000 BAM, while the co-financing of municipalities amounts to 607.000 BAM.

The funds are intended to improve infrastructure and services of business zones, as well as the environment for small and medium-sized enterprises operating within these zones. This should contribute to the development of small and medium-sized enterprises, and consequently to job creation.