FIPA outlines long-term goals of Bosnia-Türkiye investment promotion strategy - EXCLUSIVE

FIPA outlines long-term goals of Bosnia-Türkiye investment promotion strategy - EXCLUSIVE

Business

Generally speaking, attractive economic sectors of Bosnia and Herzegovina for foreign investors, including Turkish ones due to their growth potential, strategic location, available workforce, and access to regional and European markets, are:

Energy and Renewable Energy

Hydropower, solar, and wind energy projects offer significant investment opportunities.

This was said by the source in the Foreign Investment Promotion Agency (FIPA) of Bosnia and Herzegovina in an exclusive interview with CE Report.

Bosnia and Herzegovina has substantial renewable energy resources and is aligning its energy sector with European sustainability goals.

Opportunities exist in electricity generation, transmission infrastructure, and energy efficiency projects.

Manufacturing and Metal Processing

The country has a long tradition in metal processing, machinery production, automotive components, and industrial manufacturing.

Competitive labor costs and proximity to EU markets make the sector attractive for export-oriented investments.

Wood Processing and Furniture Industry

Bosnia and Herzegovina possesses abundant forest resources and a well-developed wood-processing tradition.

Turkish investors can benefit from opportunities in furniture production, value-added wood products, and exports to European markets.

Tourism

Bosnia and Herzegovina's natural beauty, cultural heritage, winter tourism destinations, and religious tourism continue to attract increasing numbers of visitors.

Opportunities exist in hotel development, wellness tourism, eco-tourism, and tourism infrastructure.

Information and Communication Technologies (ICT)

A growing pool of skilled IT professionals and competitive operating costs make the ICT sector increasingly attractive.

Software development, outsourcing services, digital innovation, and technology startups are among the promising areas.

Infrastructure and Construction

Ongoing investments in transport corridors, roads, railways, airports, and urban development projects create opportunities for Turkish construction companies and investors.

FIPA does not provide financial incentives directly (such as grants or subsidies). Instead, its role is to act as a state-level investment facilitation agency, helping investors identify opportunities, navigate administrative procedures, connect with partners, and resolve investment-related obstacles.

FIPA provides foreign investors with information on foreign investment legislation, guidance on available investment incentives at the state, entity, cantonal, and municipal levels, economic and market analyses, sector-specific studies and investment profiles.

FIPA actively identifies and presents greenfield and brownfield investment projects, privatization opportunities, local companies seeking strategic or financial partners, joint venture opportunities with local firms.

For Turkish companies looking to enter the market quickly, this matchmaking function can significantly reduce search and due-diligence costs.

FIPA assists investors in dealing with institutions at different levels of government and facilitates communication between investors and public authorities.

One of FIPA's most practical tools is its Aftercare Program, designed to support investors after starting business. Through regular company visits and cooperation with a network of governmental institutions, FIPA helps identify and remove operational obstacles, encourage reinvestment, and improve the business environment. Since the program's launch, hundreds of companies have been visited and numerous investment barriers addressed.

While FIPA does not award incentives itself, it guides investors toward entity-level investment incentives, employment and training subsidies, tax incentives, export promotion measures, investment protection agreements, double taxation avoidance agreements and free trade arrangements available to investors in Bosnia and Herzegovina.

FIPA does not provide financial incentives directly (such as grants or subsidies). Instead, its role is to act as a state-level investment facilitation agency, helping investors identify opportunities, navigate administrative procedures, connect with partners, and resolve investment-related obstacles.

FIPA provides foreign investors with information on foreign investment legislation, guidance on available investment incentives at the state, entity, cantonal, and municipal levels, economic and market analyses, sector-specific studies and investment profiles.

FIPA actively identifies and presents greenfield and brownfield investment projects, privatization opportunities, local companies seeking strategic or financial partners, joint venture opportunities with local firms.

For Turkish companies looking to enter the market quickly, this matchmaking function can significantly reduce search and due-diligence costs.

FIPA assists investors in dealing with institutions at different levels of government and facilitates communication between investors and public authorities.

One of FIPA's most practical tools is its Aftercare Program, designed to support investors after starting business. Through regular company visits and cooperation with a network of governmental institutions, FIPA helps identify and remove operational obstacles, encourage reinvestment, and improve the business environment. Since the program's launch, hundreds of companies have been visited and numerous investment barriers addressed.

While FIPA does not award incentives itself, it guides investors toward entity-level investment incentives, employment and training subsidies, tax incentives, export promotion measures, investment protection agreements, double taxation avoidance agreements and free trade arrangements available to investors in Bosnia and Herzegovina.

FIPA recently participated at Automechanika Istanbul 2026, where it promoted Bosnia and Herzegovina's automotive and auto-parts sector and had B2B meetings with Turkish and international manufacturers.

These contacts are expected to lead to further investment and business networking activities in Türkiye.

Business connectivity between Bosnia and Herzegovina and Türkiye is particularly dynamic in 2026. We expect participation at business events together with Turkish side which will be organized in Bosnia and Herzegovina by the end of the year.

The Bosnian diaspora in Türkiye plays a highly significant role in strengthening economic, trade, and investment cooperation between Bosnia and Herzegovina and Türkiye. Although its contribution is often less visible than formal government initiatives, it serves as an important bridge connecting businesses, institutions, and investors in both countries.

Türkiye is home to one of the largest communities of Bosnian origin outside Bosnia and Herzegovina. Over generations, many members of this community have become successful entrepreneurs, industrialists, investors, and business leaders. Their cultural ties, knowledge of both markets, and strong personal networks facilitate business cooperation and help reduce informational and cultural barriers that foreign investors may otherwise encounter.

We have contacts and frequently organize event together with diaspora for Türkiye in order to promote the country’s potential. We have an excellent cooperation with our diaspora, including business results.

The long-term goals of the current Bosnia and Herzegovina–Türkiye investment promotion strategy are focused on deepening economic integration, increasing the volume and quality of investments, and creating sustainable partnerships that contribute to the economic development of both countries.

A primary objective is to attract a greater volume of Turkish investment into Bosnia and Herzegovina, particularly in sectors with strong growth potential such as manufacturing and industrial production, infrastructure and construction.

The emphasis is increasingly placed on productive, export-oriented investments that generate long-term economic value and employment.

Bosnia and Herzegovina and Türkiye continue to strengthen cooperation between Investment promotion agencies, Chambers of commerce, Business councils, Diplomatic and economic missions.

Photo: AI

This interview was prepared by Julian Müller

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