13.01.2021. / 14:49
SARAJEVO – The Agency for the Promotion of Foreign Investments (FIPA) of BiH was prevented from carrying out its activities in the usual way due to the coronary virus pandemic. As investors almost did not come to the country due to limited movement, the management tried to justify last year’s budget of 1.25 million KM in all ways.
Thus, in their work report for 2020, they boasted that they had in 12 months 13 posts on the social network Facebook, which relate to their activities, investment events in the country and abroad and other significant business news.
„Statistics of Facebook pages at the end of 2020 show that the page has 6,228 likes, ie. Facebook users who like the page and who follow its content regularly. Based on user impressions, 415 of them, the page Invest in Bosnia and Herzegovina received a rating of 4.6 out of a total of 5 points. In addition, all questions and inquiries received via Facebook were answered. Data on published advertisements for the sale of property in Bosnia and Herzegovina are prepared on a daily basis and posted on the website. In the reporting year, a total of 124 advertisements were prepared and published“, They boasted in the Agency.
Unfortunately, their huge engagement on Facebook and all 13 posts were not read or convinced by investors.
„The inflow of foreign direct investments into the country has almost stopped. FIPA recorded a significant decline in inquiries and contacts with potential foreign investors. Foreign investors already present in the country have put their expansion plans on hold“, It is stated in their report.
They also summed up how in 2020 they held 58 meetings with potential foreign investors, as well as with other domestic and international institutions. 442 inquiries were answered, and 199 responses to letters received from world and domestic chambers of commerce, embassies and other institutions were prepared.
„In order to gather information on specific investment opportunities in Bosnia and Herzegovina, in 2020 FIPA organized and held 37 meetings and achieved 347 different forms of business correspondence with representatives of municipalities, cantons, business associations, institutions and businessmen. As a result of these activities, in 2020 the FIPA database was enriched with 26 new investment projects (from the tourism, agriculture, energy, real estate, metal, textile and other sectors) and 46 new investment locations (business zones, business facilities, potential business zones). , land and local investment opportunities)“, Reads the FIPA report.
FIPA did not hesitate to take credit for the fact that the Swedish company “Transcom” established a branch office in Tuzla and employed 150 workers.
They also managed to conduct a survey of existing foreign investors in BiH, assisted in resolving 15 open issues of investors, and prepared and processed 15 recommendations for the level of BiH.
By the way, this agency has been run by SNSD’s Milica Markovic since May last year, who was given the director’s chair by the former BiH ambassador to Russia and the former head of the Republika Srpska Representation in Moscow, Gordan Milinic.
CAPITAL: D. Tovilović
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