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Dr. Besim BEQAJ 1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

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Page 1: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

Dr. Besim BEQAJ 1

Investment Development and Financing

4th Vienna Economic ForumDr. Besim BEQAJ

November 5, 2007

Kosovo Chamber of Commerce

Page 2: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. 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

Page 3: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

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

Page 4: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

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

Page 5: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

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

Page 6: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

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

Page 7: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

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

Page 8: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

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

Page 9: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

Dr. Besim BEQAJ9

Import substitution

Trade exchange: Agro processing Construction materials Food and beverages Packaging Wood processing

Page 10: Dr. Besim BEQAJ1 Investment Development and Financing 4 th Vienna Economic Forum Dr. Besim BEQAJ November 5, 2007 Kosovo Chamber of Commerce

Dr. Besim BEQAJ10

You can contact me:

[email protected]+381 38 224741

+377 44 500 499

Thank You for attention!