Trade and Economic Advisor of the Embassy of the People's Republic of China in FIPA

The Trade and Economic Advisor of the Embassy of the People's Republic of China in BiH Mr Lei Jianzhong and the Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić discussed the participation of the Chinese business delegation, which will have 200 members at the upcoming Sarajevo Business Forum (SBF), that represents, according to the interlocutors, a great opportunity for growing economic cooperation between the two countries and Chinese investments in BiH. Mr Jianzhong also announced the participation of Chinese companies at Mostar Economic Fair at the stand of 250m2, which also represents a significant opportunity to increase the scope of economic cooperation, to establish new contacts and to connect entrepreneurs of the two countries and the region.

He also mentioned the 2^nd China-CEEC Investment and Trade Expo which is to be held in Ningbo in China from 8 to 12 June 2016. Within this fair, it will be organized a Ministerial Forum on Investment and Trade at which will be presented countries from the China +16 Program with the participation of representatives from Bosnia and Herzegovina.

The Director Milinić noted that the current Chinese investments in BiH are at a low level, and that Chinese investors are involved in several projects in BiH in partnership with other investors, public or private companies and that they are financially supported by Chinese banks. FIPA will take advantage of upcoming economic events in BiH and abroad to increase Chinese investments.

Taking into account the modest amount of Chinese investments, what is encouraging is a great interest of Chinese companies in the electro-energy projects in BiH, as showed by their visits to FIPA.