Business News

REALIZED INCREASE OF FOREIGN INVESTMENTS FOR ABOUT 200 MILLION BAM

Business News

04/02/2017

According to the latest published preliminary data of the Central Bank of Bosnia and Herzegovina, the amount of foreign investments in BiH in 2016 reached the amount of 460, 6 million BAM, which means that in the last quarter of last year was realized almost 200 million BAM of new foreign investments. 

Although this figure is not final and is likely to be a correction that will make foreign investments in BiH amounted to closer a half billion BAM. These data fully confirm the FIPA forecasts on improving in the fourth quarter.

FIPA informed that in the first quarter of last year, BiH recorded a double increase of foreign investments compared to previous year, but in the second and third quarter of the year, unstable political situation and negative connotations about the referendum, mentioning secession and war, had a negative impact on potential investors, who, was asking in direct contacts for political situation and expressed concern for their capital that would eventually invest in BiH.

FIPA tried to keep investors within its competence, explaining that it was a transit situation caused by the election campaign and that the situation will be normalized after elections in October. In the fourth quarter it was registered 200 million BAM of foreign investments which improved trends compared to second and third quarters of 2016.

Despite occasional periods of political crisis and instability in Bosnia and Herzegovina, FIPA continued to work intensively with potential foreign investors, however, emphasizes that improving foreign investments requires a coordinated and systematic approach and activities of all relevant institutions in Bosnia and Herzegovina on improving business environment and political stability.