Bosnia expects FDI inflow of up to EUR 0.8bn in 2011.

By bne IntelliNews January 25, 2011
Bosnia expects to attract Foreign Direct Investments (FDI) of between KM 0.95-1.5bn (EUR 0.5-0.8bn) in 2011, Nezavisne novine daily reported. The investments will be mainly related to the privatisation of a number of companies this year, as part of the governments Economic and Fiscal Programme for the period 2011-2013, drafted by the Directorate for Economic Planning. The government plans to offer for sale engineering company Energoinvest (expected to bring some KM 148mn in the state coffers), aluminium smelter Aluminij Mostar (KM 75.1mn), drug maker Bosnalijek (KM 26.7mn), engineering firm Unis (KM 32.4mn), and builder Hidrogradnja (KM 47.4mn). Net FDI in the country plunged to minus KM 120.7mn in the first nine months of 2010, compared to a net inflow of KM 325.1mn in the same period of 2009, according to the latest available data.

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