82% of foreign investors would reinvest in Bosnia and Herzegovina

BBI Bank and BBI VIP Business Club organized the round table on "How to increase the competitiveness of the economy in Mostar and Herzegovina - internationalization of business, development opportunities, finding investors and opening new markets" in Mostar today.

This exchange of experiences with the businessmen from Herzegovina was organized in cooperation with the FBiH Chamber of Economy, Chamber of Commerce of the City of Mostar, Regional Association for Economic Development of Herzegovina - REDAH and the Foreign Investors Council.

The round table was attended by about 80 businessmen from the region.

"Since the beginning of this year, BBI Bank has organized a series of round tables aimed at examining regional competitiveness across Bosnia and Herzegovina and identifying how and in what way we can strengthen and improve the competitiveness of the economic regions in our country in advance of the 9th Sarajevo Business Forum as the largest business and investment conference which is held in the capital of BiH for the ninth year in a row. This year, we are expecting to see the biggest Sarajevo Business Forum so far, and we came here to motivate the businessmen from ​​Mostar and all of Herzegovina to submit their business ideas and investment projects if they want to find investors and open new markets," said Dino Selimović, Marketing and Communications Director at BBI, on behalf of BBI VIP Business Club and the organization team of the Sarajevo Business Forum which will be held on April 25 and 26 2018.

Nevzet Sefo, Head of the Entrepreneurship Department of the Association for Economic Development REDAH, discussed the possibilities and potentials of the Herzegovina region economy while stressing that internationalization of business and exports is what all of us have to focus on.

"Today's meeting aims to shift the focus from politics to the economy. We insist on improving business climate through amendments to the law and improving the business conditions for both the local and international companies," said Sanja Miovčić, Executive Director of the Foreign Investors Council. She also pointed out the results of the survey of foreign investors which showed that as many as 82% of them would invest in Bosnia and Herzegovina again, while two-thirds of the respondents said that they would recommend BiH for investment.

Executive Director of the LRC, Emil Kučković, presented a detailed analysis of economic trends in Herzegovina, while Željko Raguž, Head of the Economic and Legal Affairs, presented successful cooperation with the aim of promoting Sarajevo Business Forum. The Technology Park "Intera" was presented by Mladen Kostić who talked about out the unique European Commission project – the Enetrprise Europe Network (EEN) which is implemented in BiH by the BiH Foreign Trade Chamber.

Success stories were presented by the representatives of MIVIKO company from Posušje, MAKSUMIĆ KOMERC and SURTEC EUROSJAJ from Konjic, BABIĆ from Jablanica, ALPHA THERM and MAOLES from Mostar and many others who had the opportunity to discuss the competitive advantages and economic opportunities of the region.

As part of today's round table, the participants were introduced to the online platform http://sbf.talkb2b.net for the promotion of companies and business projects and scheduling of business (B2B) meetings with potential partners and associates, which is available through the website www.sarajevobusinessforum.com.