Meeting with representatives of a foreign investor

Representatives of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) had a meeting with representatives of the company IVOVIK d.o.o. 

Ivovik project represents an investment of EUR 133 million (84 MW – 20 turbines x 4.2 MW).

This is the first major investment by a Chinese company in Bosnia and Herzegovina. They are present as contractors on many projects, but this investment represents a direct Chinese investment.

FIPA has been following this company since its arrival at the Bosnian market, providing them with information and assisting in resolving outstanding issues.

Representatives of the Agency also presented other projects from the energy sector on this occasion, and they agreed further cooperation.