A delegation of businesspeople from the Kingdom of Saudi Arabia visited FIPA

The Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) Marko Kubatlija received a delegation of representatives of institutions and businesspeople from the Kingdom of Saudi Arabia, led by Abdulaziz Alsakran, Head of the International Cooperation Sector of the Chamber of Commerce. 

The meeting was focused on possibilities for strengthening economic cooperation between the two countries.

Director Kubatlija informed the attendees that the Kingdom of Saudi Arabia has invested 201.1 million EUR in Bosnia and Herzegovina so far, and that it is thus ranked 13^th on the list of countries, the most significant foreign investors in BiH, with a share of 2% in total investments. Around 50% of investments were made in the real estate business, followed by the banking and tourism sectors.

The most significant investments are: Bosna Bank International d.d. Sarajevo (BBI), BBI Real Estate d.o.o. Sarajevo, Al Shiddi Group, Malak Group and others.

He pointed out that the Agency successfully cooperates, among other, with the diplomatic and consular network of BiH in the world in promoting the potential of Bosnia and Herzegovina, and that this visit is also the result of joint efforts of the competent institutions of Bosnia and Herzegovina in the field of attracting foreign investments.

Abdulaziz H. Alghifaili, representative of the Ministry of Investment of the Kingdom of Saudi Arabia, stated that businesspeople from this country are interested in investing in Bosnia and Herzegovina, which will be discussed in more detail in the coming period.

The business delegation is on a three-day visit to BiH, with planned participation at the Sarajevo Business Forum 2025, within which round tables on investment opportunities in BiH will be held.