On November 26, the Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA) Marko Kubatlija talked with the Ambassador of Bosnia and Herzegovina to the Kingdom of Saudi Arabia Razim Čolić about the possibility for joint cooperation in the field of promoting Bosnia and Herzegovina's investment opportunities.
He pointed out
that the Kingdom of Saudi Arabia is at the 13th position in terms of
investments in our country, with BAM 393 million invested so far, and that
there is room for improving economic cooperation between the two countries,
including increasing the inflow of investments.
According to
the currently available data, in the total amount of investments from Saudi
Arabia, the most or 49.9% was realized within the "real estate
business". A significant share of investments also refers to the banking
sector.
The most
significant investments from the Kingdom of Saudi Arabia are: Bosna Bank
International d.d.Sarajevo, Al Shiddi Group, Malak Group, and others.
He proposed the
joint organization of business meetings with companies from Saudi Arabia, where
FIPA representatives would present BiH's potential, as well as existing
projects.
