SARAJEVO (Bosnia and Herzegovina), December 14 (SeeNews) – Half-year foreign direct investment in Bosnia’s Muslim-Croat Federation dropped by almost 13% to 203.4 million marka ($153 million/104 million euro), the Federation government said on Monday.
Investors coming from 16 countries have put money in 50 local companies, the government said in a statement.
More than 97% of the total FDI inflow came from European countries. Turkey was the largest investor in the Federation with 88.7 million marka through June, followed by Croatia with 47.9 million marka and Slovenia with 19.7 million marka.
Some 58% of the total investment, or 118.6 million marka, went into production capacities. Trade was the second most attractive sector with FDI of 43.6 million marka, or 21.4% of total, folowed by telecommunications with 14.2 million marka, or 6.9% of all.
The Muslim-Croat Federation is one of the two autonomous parts of post-war Bosnia. The other is the Serb Republic.
Last year, Bosnia attracted 1.42 billion marka in FDI, half of the 2.97 billion marka it attracted in the previous year.
(1 euro=1.95583 Bosnian marka)