Wednesday, December 5, 2007


SARAJEVO, Bosnia, (December 5,2007) – The FBiH Entity Prime Minister Nedzad Brankovic met with a delegation of Libyan Government experts in the Bosnian capital Sarajevo yesterday.They discussed possibilities for investment in projects in Bosnia.

Abdulhakim M.E.L. Misurati headed the Libyan delegation. FBiH Privatisation Agency Director Enes Ganic and advisor to the Prime Minister Fuad Strik also took part in the meeting.

Brankovic said that the FBiH Entity Government will in the next several years launch important projects of rebuilding infrastructure and increasing industrial production, which is expected to result in a stronger influx of investments and the creation of new jobs.

New solutions concerning tax policy have been prepared with this aim in mind and they are expected to reduce level of taxation of the economy and create an environment for more foreign investments in Bosnia.

Brankovic said that foreign investments in Bosnia this year have reached 1,3 billion EUR and that as Bosnia moves closer to the EU it is becoming increasingly attractive for investment.

Misurati underlined the serious intentions for investment of Libyan capital in Bosnia, as positive experiences in economic cooperation between the two countries already exist. He highlighted the example of the Bosnian company “Bosnalijek”.

In the next several days the Libyan delegation will visit several cities in Bosnia to learn more about potentials for investment and will end the visit with talks with the Bosnian officials.

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