Business News

Contracts on incentives for business zones signed with 16 FBiH municipalities

Business News

01/19/2014

The Federal Minister of Development, Entrepreneurship and Crafts Sanjin Halimovic and representatives of 16 municipalities in the Federation of BiH (FBiH) signed contracts on incentives for the local governments to establish and build business zones in the amount of 1.5 million BAM. 

Contracts for incentive funds were signed by mayors and representatives of municipalities: Stolac, Gracanica, Gradacac, Gornji Vakuf-Uskoplje, Novi Travnik, Posusje, Tesanj, Kiseljak, Tuzla, Bosanski Petrovac, Ravno, Tomislavgrad, Orasje, Grude, Doboj Jug and Ilijas.

The Ministry of Development, Entrepreneurship and Crafts of FBiH over the last nine years allocated 14.3 million BAM to encourage local governments to build business zones in order to create the preconditions for the development of small and medium enterprises and to create new jobs in FBiH.