Thursday, October 9, 2008

FOREIGN DIRECT INVESTMENT IN BOSNIA IN 2008 REACHES 550 MILLION EUROS

SARAJEVO, Bosnia (October 9,2008) - In the first nine months of 2008 the foreign direct investment in Bosnia reached 550 million Euros, Director of the Bosnian Foreign Investment Promotion Agency (FIPA) Haris Basic has announced.

According to him, that was considerably more compared to 2006, but less compared to 2007, when the FDI inflow especially benefited from the privatization process.

Basic’s estimate is that the final FDI figure this year would reach up to 650 million Euros, which is below forecasts that were based on expected revenues from the privatization of telecoms and the Mostar aluminium plant.
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