FIPA Activities

BiH and Algeria strengthen Economic Ties at First Bosnian-Algerian Economic Day

4/21/2026

The Director of the Foreign Investment Promotion Agency of Bosnia and Herzegovina (FIPA), Marko Kubatlija, together with his associates, participated in the event “Open Days of Economic Cooperation between Bosnia and Herzegovina and Algeria.”

In his opening remarks, Kubatlija emphasized that Bosnia and Herzegovina offers a stable and competitive business environment, supported by its strategic location in Southeast Europe and access to the markets of the European Union, CEFTA, and EFTA. He also highlighted the country’s skilled workforce, strong industrial tradition, and growing sectors, including energy, metal and automotive industries, agriculture, and information technology.

Addressing opportunities to enhance cooperation, Kubatlija emphasized Algeria’s role as a key gateway to the African market—one of the world’s most promising regions for future growth. He added that Bosnia and Herzegovina offers considerable potential for Algerian partners, particularly in industry, processing capacities, and tourism.

During the first panel, dedicated to the Algerian economy, participants reviewed key economic indicators and development prospects, with a particular focus on the new investment framework, the business climate, and high-potential sectors such as energy, the food industry, and renewable energy.

At the panel dedicated to the economic potential of Bosnia and Herzegovina, FIPA Secretary Dr. Maida Bećirović highlighted the agency’s activities, including the promotion of investment opportunities, insights into the business environment, and notable examples of successful investments in the country.

The event aimed to enhance bilateral economic relations, facilitate the exchange of experiences, and identify new investment and business opportunities between the two countries.

The event marks an important step toward further strengthening cooperation between Bosnia and Herzegovina and Algeria, clearly demonstrating mutual interest in developing joint projects and long-term partnerships.

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