FIPA seeks to attract Spanish investment in solar and wind power plants

FIPA seeks to attract Spanish investment in solar and wind power plants

Director of the Agency for Foreign Investment Promotion (FIPA) Gordan Milinić with his associates on 21 December 2016 held a meeting with Ambassador of Bosnia and Herzegovina in Spain Darko Zelenika, to discuss the possibilities of improving the economic and investment cooperation with Spanish companies.

Milinić proposed to Ambassador Zelenika establishing a cooperation with Spanish companies active in the renewable energy sector, in particular the company Fersa Energias Renovables, which has in partnership with the Podgorica-based company Celebic engaged in construction of 23 wind power capacity to 46 MW on the hill Možura between Bar and Ulcinj, and that has a branch in Split.

– Bosnia and Herzegovina has projects, especially for the construction of solar and wind parks, which are attractive to Spanish investors. There are also many opportunities for investment in the sector of food production, wood-processing and catering trade. In the agri-food production Spain is one of the leading countries in the world and interest in investing in this sector in BiH could be shown because of the CEFTA free trade agreements, free trade agreements with Turkey and other preferential export regimes which BiH has concluded with a number of countries – announced the FIPA.

At the initiative of Honorary Consul Ramon Jufres in Barcelona a few years ago established the Chamber of Commerce of Bosnia and Herzegovina, and at the meeting was agreed to intensify cooperation on attracting investments from Spain in BiH.

– FIPA of all BiH Ambassador expects that their economic diplomacy be a priority in the work, to work on bringing investors to the country, and to increase exports from Bosnia and Herzegovina – said of FIPA.

Renewable Energy Projects in Bosnia and Herzegovina

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