Monday, December 17, 2007

2007 RECORD YEAR IN TERMS OF AMOUNT OF FOREIGN INVESMENTS IN BOSNIA

SARAJEVO, Bosnia (December 17,2007) – This year was a record in sense of amount of foreign investments realized, or three times higher comparing most successful years in earlier periods, the Director of the Bosnian Foreign Investment Promotion Agency (FIPA) Haris Basic said at the annual press conference in the Bosnian capital Sarajevo. He noted that overall investments this year were 1,630 billion Euros.

"Thus overall foreign investments in Bosnia, in the period from 1994 until December 2007, reached 4.6 billion Euros. These results were accomplished in circumstances that were not promising great success," Basic noted.

He underlined that advertising campaign "Enjoy life Bosnia", according to opinion of domestic and world public, have yielded great contribution to changing the perception on Bosnia and promoted the country as rich with tourism offer which can please various interests.

Basic said that FIPA introduced at the beginning of the year its own statistical researches and registration of inflow of direct foreign investments, aiming to timely inform those interested.

"According to all assessments, there are realistic assumptions that this positive investment growth trend in our country resumes next year. I sincerely hope more constructive cooperation with all institutions responsible for attracting foreign investments, in order to jointly create necessary positive preconditions for that to happen," Basic said.

The Director of the Bosnian Foreign Investment Promotion Agency also said that FIPA enters next year with a new motto called "Invest in Bosnia - your new opportunity".

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