POSSIBLE RELOCATION OF JAPANESE COMPANIES IN BIH

The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić spoke today in Sarajevo with the representative of the Agency in Tokyo Shigehiko Nishihama on new steps to improve Japan's investments in BiH and affirmation of BiH as a destination for foreign investments. 

He informed Mr Milinić on his efforts to promote BiH to Japanese businessmen for investing, his contribution to export of the BiH wines, and promotion of the BiH tourism.

He estimates that several Japanese companies currently operating in the Czech Republic, Slovakia, Poland and Hungary could relocate their plants to Bosnia and Herzegovina, noting that a Japanese precision machinery company called TSUBAKI-NAKASHIMA operating in Central Europe, in 2017 acquired TN BOSNIA DOO KONJIC. This example could serve other investors to invest in BiH.

Mr Nishihama also believes that several other BiH products could be found on the Japanese market, including honey.