President of the BIGMEV Foundation visited FIPA

Muzaffer Cilek, president of the Foundation BIGMEV and owner of the company Cilek, talked with the Director of FIPA Gordan Milinić about possibilities for cooperation between BIGMEV and FIPA, as well as cooperation on attracting investments from Turkey to Bosnia and Herzegovina. 

The BIGMEV Foundation was established five years ago with the aim to improve economic relations between BiH and Turkey. The are involved in several projects with the aim to export the BiH products to Turkey, as well as the conversion of 50 bilateral agreements on twinning between Turkish and BiH Municipalities in concrete benefits, ie. in investments. The objective is that cooperation takes place evenly across the entire BiH, and the positive experiences they have with Mostar, Doboj and Brčko.

Cilek company that manufactures children's furniture, operates in 66 countries around the world, owns 450 retail outlets and has 2,000 employees.

In BiH except showrooms, they possess a firm which is dealing with the organic production, a company that operates in the field of tourism, a construction company and they are currently building two small hydro power plants.

The Director Milinić pointed out that the most important for each country is economy and employment of people, that in Bosnia and Herzegovina has a lot of unemployment people and that every new job place is valuable.

He belives that the level of investments from Turkey in BiH should be much higher due to the good political, cultural and educational cooperation between the two countries.

FIPA in cooperation with the Ministry of Foreign Affairs will intensify activities in a way that BiH embassies will do much more to attract foreign investors, as well as with the BiH diaspora in the world.

FIPA is constantly working to find new contacts abroad and it is available to all potential investors who are interested in investing in BiH.