News in English     | 25.04.2018. 15:31 |

Chairman Zvizdić meets with Governor of Saudi Investment Fund Al Omar

FENA Press release

SARAJEVO, April 25 (FENA) - Chairman of the Council of Ministers of Bosnia and Herzegovina, Denis Zvizdić talked with Governor of the State Saudi Investment Fund (SAGIA), Ibrahim Al Omar, about future economic and investment cooperation.

Zvizdić informed Al Omar about the economic and investment potentials of BiH.

He pointed out five key development sectors in which BiH is seeking foreign investments: energy, transport, industry, agriculture and tourism.

As a special interest of Bosnia and Herzegovina Zvizdić singled out new technologies and startup companies to support young people and give them opportunities for new employment, realize their ideas and help them see their future in Bosnia and Herzegovina.

Governor Al Omar informed the Chairman Zvizdic that the KSA is in the process of establishing one of the world's largest investment funds.

He said that there is an interest in expanding economic cooperation with BiH, as well as increasing Saudi investments in our country.

He added that easing or abolishing the visa regime for the citizens of the KSA would significantly facilitate the business operations and lead to a significant increase in investments in BiH.

The two officials also discussed a possibility of concluding bilateral agreements on protection of investments and avoidance of double taxation.

(FENA) S. R.

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