FIPA participation at the Balkans Business Forum in Skoplje

Independent Industrialists’ and Businessmen’s Association MUSIAD from Turkey organized on 21 October 2016 in Skopje the Balkans Business Forum gathering companies from the construction, tourism, agriculture and food processing, textile sector and metallurgy. 

The Head of the Investment Promotion Department of FIPA Nina Pobrić had a presentation on investment potentials of BiH on that occasion.

She informed potential Turkish investors on macroeconomic indicators in Bosnia and Herzegovina, improving the business climate, competitive advantages that BiH offers to foreign investors and attractive sectors for investing, such as metal-processing and electrical sector, the sector of auto parts, energy, tourism, and food and textile industry. It was pointed out on this occasion the progress of BiH according Doing Business Report of the World Bank 2016 placing BiH at the 79^th position, which is a strong improvement compared to 2014 when BiH was ranked at 131^st place. Turkish investors were then familiarised with the growth of economic indicators, the reform agenda, BiH application of BiH for membership in the EU.

Besides the representatives of FIPA, speakers at the forum were representatives of Turkey, Macedonia, Serbia, Montenegro, Romania, Albania and Kosovo.

Balkans Business Forum was organized on the occasion of the opening ceremony of the MUSIAD office in Skoplje for the region of the Balkans.

MUSIAD is an association operating in 66 countries, with 169 centres worldwide. The goal of the opening of this office is to achieve greater business cooperation between Turkey and the Balkans countries.

B2B meetings were also organized after the Forum, including visits to some of existing Turkish investments in Macedonia.