FIPA WILL BE INCLUDED IN THE UNDP NEW PROGRAM

FIPA WILL BE INCLUDED IN THE UNDP NEW PROGRAM Representatives of the Foreign Investment Promotion Agency of BiH (FIPA), led by Director Gordan Milinić, talked with the representatives of UNDP in BiH on the project " Economic Governance for Growth" launched by the Organization in December 2018 with the financial support of the Government of Norway.  In addition to measures to improve the overall economic environment, the project which will last 30 months, foresees investment in innovation, education, self-employment, and the development of new skills that are currently lacking in the domestic market.

The project also foresees the analysis of the ICT sector and automotive industry in BiH with the aim to analyse the current situation of the sectors, the challenges they face in the way of their further expansion, and the development of staff and the improvement of production capacities based on current and future market needs. The analysis will be based on short, medium and long-term measures to improve the current situation of these two sectors and remove the barriers to improving competitiveness both at the sectorial level and at the level of individual companies.

The project includes providing support to several existing companies, as well as several start-up companies which are to be determined after the analysis and mapping of all companies operating in these sectors.

This project encompasses 10 local communities, 3 cantons, entities’ governments, and competent educational institutions in BiH.

The Director Milinić welcomed the launch of the project and pointed out that FIPA will support the analysis of ICT and automotive sector of BiH and will be involved in each new type of activities within the Project.