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BiH presidency chair Radmanovic expects large FDI inflow.

BiH presidency chair Radmanovic expects large FDI inflow. During the two-day regional economic forum for Southeast Europe held in Montenegro, BiH presidency chair Nebojsa Radmanovic stated that he expected large inflows of FDI in the country, fuelled by already launched telecommunication and oil industrial companies’ privatisation, as well as thanks to the anticipated investments into the energy sector, FENA reported. Thus, Radmanovic said, BiH economic expansion will be streamlined, exports encouraged, new jobs opened, while at the same time, economy growth potential streamlined thanks to the inflow of new and modern technologies and know-how. In addition, because of the still lagging behind transport infrastructure in the country, BiH is ready to participate in joint projects for improving it, Radmanovic noted. Last but not least, BiH authorities would focus on improving the competition and business environment in the country by reinforcing BiH institutions capacity and efficiency in order to attract more foreign investors and encourage entrepreneurship.

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