dr. besim beqaj1 investment development and financing 4 th vienna economic forum dr. besim beqaj...
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Dr. Besim BEQAJ 1
Investment Development and Financing
4th Vienna Economic ForumDr. Besim BEQAJ
November 5, 2007
Kosovo Chamber of Commerce
Dr. Besim BEQAJ2
Economic outlook
Population 2.2. mil GDP per capita ~1200 Euro Economic growth ~5% Unemployment ~40% Good legislation harmonized with EU Sound macroeconomic policies Human and material resources Stimulating investment environment Stable political system Sound banking system An inviting business environment Customs code harmonized with EU Many investment opportunities
Dr. Besim BEQAJ3
Trade liberalization and integration
FTA with countries in the region under SP for SEE Signatory of CEFTA agreement Regional Energy Market SEETO SAP through STM
Trade regionalism Political background Economic Background
Dr. Besim BEQAJ4
Privatization and SME Development
Successful story – still continues with very high transparency
SME-s will be the backbone of the Kosova economy.
Strong entrepreneurial spirit Orientation for outsourcing services
Dr. Besim BEQAJ5
Stimulating investment environment
Political and legal stability (Status to be defined soon).
Free access to the market of the European Union and the markets of neighboring countries;
Modern business-support institutions; Simple and quick business registration
procedure Modern and EU compatible legal framework; The Euro is official currency, eliminating Euro
zone currency risk
Dr. Besim BEQAJ6
Stimulating investment environment - cont
National treatment investment regime Guarantees for unrestricted use of income Prohibition of favoritism and discrimination Protection against expropriation 99 year land lease (UN guarantee) Central location in the region
Dr. Besim BEQAJ7
Sound banking system
BPK Authority-regulates banking and insurance sectors
All banks are private 7 banks, including Raiffeisen Bank, 8
insurance companies
Dr. Besim BEQAJ8
Expansion of investment activities
Education Industrial sector
Agro processing industry Energy SME competitivness Infrastructure Construction
Service sector Banking Insurance Tourism Information Technology
Dr. Besim BEQAJ9
Import substitution
Trade exchange: Agro processing Construction materials Food and beverages Packaging Wood processing
Dr. Besim BEQAJ10
You can contact me:
[email protected]+381 38 224741
+377 44 500 499
Thank You for attention!