The Ambassador of Bosnia and Herzegovina in India HE Sabit Subašić, accompanied by the Honorary Consul of Bosnia and Herzegovina in West Bengal, India, and one of the leading Indian businessmen in the timber industry Sanjay Agarwal talked with the Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić about increased interest of the Indian businessmen and tourists in Bosnia and Herzegovina.

Mr Agarwal leads the company Century Plyboards
Limited India that manufactures veneer and laminates flooring and other wood
products and has 18,000 employees.
Considering the activity he is engaged in and the
competitiveness of the wood sector in Bosnia and Herzegovina, the Indian
businessman expressed interest in importing the mentioned products from Bosnia
and Herzegovina, also wine, as well as in potential business in the tourism
sector, with a focus on the construction of hotels. In addition, as Honorary
Consul he will work on the promotion of the BiH economy and its investment
opportunities, as well as sectors that could be of interest to Indian
investors, and on online promotion of Bosnia and Herzegovina as a tourist
destination in India with the aim to attract tourists in BiH.
The Ambassador Subašić pointed out among others
that a number of Indian investors are interested in the eventual opening of the
Faculty of Information Technologies in BiH in order to enable thus students
from India studying in BiH, which would further improve the image of our
country in this part of the world.
As a result of the work of the BiH Embassy of
India in April 2017, it is expected a visit of business delegation of India to
Bosnia and Herzegovina to discuss the possibilities of cooperation and
strengthen ties.
The FIPA representatives made the guests familiarized
with available projects, investment locations, status and rights of foreign
investors in BiH, business conditions, the possibilities for investing in BiH
and will provide them with all kinds of communication and meetings with
relevant institutions in Bosnia and Herzegovina in the interest of economic growth
of the country.