The delegation of the Municipality Kotor Varoš visited FIPA

The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić discussed with the Delegation of the Municipality of Kotor Varoš, Mladen Trivunović Deputy Mayor, Slobodan Jurić Director of the Utility Company, and Nedeljko Glamočak delegate at the National Assembly of RS, on the possibilities for cooperation in the investment projects collection owned by the Municipality, their presentation to foreign investors, as well as on the current situation regarding foreign companies running business in this area. 

Kotor Varoš is known for its leather processing, metal and wood processing industries in which significant companies from Italy, Austria, Croatia, and domestic companies are running business. They employ a large number of workers.

50% of the area represents agricultural land and forest land, and therefore provide great opportunities for investors in these fields, with significant support from the municipal administration in terms of obtaining the necessary documentation and delay in payment of certain fees.

The Municipality currently has about twenty mini-hydroelectric projects, as well as a water bottling project that will be delivered to FIPA for presentation to foreign investors.

It was also expressed a need for finding an investor to install a municipal waste treatment facility in which FIPA will help.