FIPA Activities

Director of the Japan External Trade Organization in Vienna visited FIPA

2/28/2025

The Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA), Marko Kubatlija, received the Director of the Japan External Trade Organization (JETRO) based in Vienna, Mr. Tatsuo Kamino.

Mr. Kamino briefly presented activities of his organization, emphasizing that they are based on three areas: exports from Japan, investments in Japan, and providing information to Japanese companies planning to invest abroad. They have 16 offices across Europe, of which four are in Central and Eastern Europe: in Warsaw, Prague, Budapest and Bucharest.

He emphasized that Japanese companies have expressed interest in investing in the Western Balkans in the auto parts and green energy sectors.

They discussed the cooperation between the two countries so far with a focus on Japanese investments in Bosnia and Herzegovina, highlighting the Tsubaki Nakashima company in Konjic as a successful Japanese investment in our country.

Mr. Kubatlija introduced Mr. Kamino with the FIPA activities, the previous cooperation between the two institutions with a focus on organizing visits by Japanese businesspeople in the past few years, citing the fact that significant foreign direct investments from Japan in BiH have not been recorded, and Japanese companies that are present at the BiH market, are registered through their European companies. It is important to note that Japan is among the largest donors in BiH.

It was agreed to organize a webinar by JETRO with the aim to present investment opportunities in Bosnia and Herzegovina for Japanese businesspeople, as well as other forms of cooperation that will be defined during this year.

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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