BIH WON THE THIRD PLACE AS REGION OF THE FUTURE FOR THE FOREIGN INVESTMENTS

Foreign Direct Investment (FDI) Magazine ranked Bosnia and Herzegovina at the 3rd place as the region of the future for attracting foreign investments by operating expenses for 2018, based on the cooperation and information provided by Foreign Investment Promotion Agency of BiH (FIPA) about economic and investment potentials of our country. 

As the representative of Bosnia and Herzegovina, the FIPA Director Gordan Milinić received today in Cannes the prize of the mentioned Magazine that ranked Bosnia and Herzegovina at the 3^rd position in the category of medium-sized European regions for foreign investments. Also, as a representative of BiH, he was granted the recognition for the West Herzegovina Canton and Bijeljina and Zvornik.

This significant acknowledgment is another proof that Bosnia and Herzegovina is a profitable location for foreign investments, and with solving the major shortcomings, which cannot be compensated by promotional activities, it could realize a larger inflow of foreign direct investments.

In competition with 481 locations, among the top 10 investment destinations in a 7 different categories in terms of price competitiveness, FDI strategy and economic potential, were Bosnia and Herzegovina, as well as Republika Srpska as one of BiH's entities, the West Herzegovina Canton, and Bijeljina, Prijedor and Zvornik.

For making decision on the designation of the best European cities and regions, the expert evaluation team has taken into account criteria such as economic potentials, investment profitability, human resources, quality of life, business environment, and the existence of a strategy for attracting investments. Positioning on the prestigious top list of European cities and regions of the future is a direct recommendation to potential investors about the regions to invest in.

Official list of prizes:

 

Bijeljina	Bosnia and Herzegovina	fDi's Small European Cities of the Future 2018/19 - Cost Effectiveness	2
Bosnia	Bosnia and Herzegovina	fDi's Mid-Sized European Regions of the Future 2018/19 - Cost Effectiveness	3
Prijedor	Bosnia and Herzegovina	fDi's Micro European Cities of the Future 2018/19 - Cost Effectiveness	3
Prijedor	Bosnia and Herzegovina	fDi's Micro European Cities of the Future 2018/19 - FDI Strategy	9
Republic of Srpska	Bosnia and Herzegovina	fDi's Small European Regions of the Future 2018/19 - FDI Strategy	9
West Herzegovina Canton	Bosnia and Herzegovina	fDi's Small European Regions of the Future 2018/19 - FDI Strategy	10
Zvornik	Bosnia and Herzegovina	fDi's Micro European Cities of the Future 2018/19 - Cost Effectiveness	4