Tourism

Tourism

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Bosnia and Herzegovina, a land of breath-taking natural beauties and everlasting historical and cultural heritage, largely matches the new market travel trends particularly requirements of the travelers who are looking for new destinations, adventure and authenticity.

This beautiful country has so much to offer for those people who seek different experiences, away from the crowd, whether they are looking of skiing, rafting, hunting or patient bird-watching. Those who search for more cultural tourism will be able to relive centuries of history by visiting many vestiges and heritage dating back to Roman, even prehistoric times.

With its rich tourist offer B&H can satisfy the needs of the global travelers regardless of their budget and preferences. Moreover, the tourists will enjoy B&H gastronomic offer of different traditional and organic dishes.

The most promising tourism segments:

  • Ski and Mountain tourism
  • Ecotourism
  • Spa tourism
  • Cultural Heritage & Religious tourism
  • Adventure & Sports tourism
  • Sea tourism

Tourism sector in B&H has an enormous potential for development, possessing all preconditions to play a significant role within the country economy. Consequently, tourism development in B&H was recognized as one of the top priorities of an overall national economic development policy.

Significant efforts have been put into creation of a favorable business and investment environment for potential investors.

Testimonials & Success Stories
 

Global Investment Promotion Best Practices 2012 of the World Bank has cited one example of support that FIPA provides to foreign investors who are running business in Bosnia and Herzegovina in order to contribute to increase the flow of foreign capital in the country.

The article said:  

„The Foreign Investment Promotion Agency (FIPA) of Bosnia and Herzegovina was an early convert to the idea of providing facilitation services to agribusiness investors as a way to maximize the positive impact of agriculture on the economy.

In 2007, for example, FIPA assisted a Dutch food processing company establish a US$1.6 million production facility to process unused milk ingredients into value-added products in Sarajevo to sell to markets in Eastern Europe and the Middle East.

As part of its aftercare program, FIPA assisted the company with its expansion plans. Among other things, the agency helped facilitate veterinary permissions, navigate various bureaucratic hurdles and played an important role in securing funding for the company’s expansion. It also helped develop a network of local suppliers and customers. As a result of these efforts, the Dutch investor developed stronger links with the Bosnian economy, thus increasing the positive spillover effects on the local economy.

Currently a new investment to establish a drying facility for milk powder is under way. This will further expand the processing facilities of unused milk ingredients. This additional planned investment is worth approximately US$2.8 million, thus nearly trebling the company’s original investment in the country“.

 

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