Transcript Invest Macedonia - UIA

Visar Fida,CEO
Invest Macedonia
• Mission:
- to win new investment projects into Macedonia and support the expansion of
the existing base of overseas companies in the country. To deliver value to
investors by using our broad knowledge of the Macedonian business
environment and market segments, country-wide connections and a broad
network of partners.
• Vision:
- to become the best and most professional IPA in Europe and to contribute a
significant percentage of Macedonia’s FDI inflows. To be recognized not as a
government organization but as a pro business service provider
• 4 Main functions:
1.
2.
3.
4.
Country promotion
Investor Servicing
Aftercare
Export promotion
Promotion of Macedonia
One of the core activities of Invest Macedonia is to widely promote
the business climate of the country, its political, monetary and
macroeconomic stability by:
• Media campaign (global TV-networks and newspapers)
• Specialized editions and brochures
• Network of economic promoters (direct marketing)
• Business forums, fairs and road shows
State Aid
InvestMacedonia
the only governmental body responsible for
• concluding a State aid Agreement, on
behalf of the Government of the Republic
of Macedonia, as provider of state aid
• submitting annual report for the granted
state aid in the technological industrial
development zones for the past years
• The Macedonian Law on State Aid and the
Law
on
Technological
Development
Industrial Zones are in full compliance with
the EU regulations on state aid
Economic promoters
• 25 economic promoters in 21 countries
• Americas: USA, Canada, South America(Brazil)
• Europe: Germany, Italy, UK, Sweden, France, Switzerland, The
Netherlands, Belgium, Turkey, Hungary, Russia, Croatia,
Bulgaria, Albania
• Asia: China, Japan, India, Qatar
INVESTMENT
OPPORTUNITIES
Investment Opportunities
Target Sectors
Machine and Automotive components
ICT
Medical Devices and Pharmaceuticals
Agribusiness and Food Processing
Energy sector
Mineral Resources
Textile
Tourism
Investment Opportunities
Machine and Automotive Components Industry
• Existing engineering and manufacturing
tradition
• Legacy of skills available to new investors
• Component production started in the 1960’s to
supply Zastava, Serbia
• Companies primarily supply the aftermarket
• Johnson Controls, Johnson Matthey, Kemet,
Teknohose, (Free Economic Zones), Kromberg
& Schubert, Hi-Tech to supply OEM’s
• Markets are Europe, Russia, Turkey, Africa
• Most companies have ISO 9001 / TS 16949
quality certification
Investment Opportunities
ICT Sector
• Best telecommunication networks in the
region – the system is 100% digital
• Leading multinational hardware and
software suppliers (Microsoft, HP, IBM)
have local sales and support services in
Macedonia
• 100,000 PCs for every school child; free
internet sessions provided by the
government
• IT skills shortage in Western economies
and growing demand for outsourcing
services – Macedonia can be your
solution!
• Availability of well-educated staff at
competitive costs
• Quality assurance and standardization
procedure intitialized
Investment Opportunities
Healthcare Sector, Medical Devices and Pharmaceuticals
• Existing pharmaceutical industry exports to
over 30 countries worldwide
• Strong educational system, with an
abundance of medical and pharmacy
graduates
• Supportive regulatory environment
• Licensing arrangements in place with many
of world’s leading pharmaceutical
companies
• Availability of serviced industrial sites
• Manufacturing tradition
Investment Opportunities
Agribusiness and Food Processing Industry
• Unique combination of Continental and SubMediterranean climates
• Environmentally friendly production practices
• Technologies for food processing
• Excellent access to regional markets
• Strong reputation for quality food products
The greatest investment opportunities:
• fruits and vegetables – production, storage
distribution and processing industries
• wine production
• sheep and goat cheese production
Investment Opportunities
Textile sector
• Esteemed reputation of Macedonian textile
producers on the European Union market
• High flexibility and readiness to adapt to the
demands of foreign markets
• Exceptional relation between product quality
and costs
• Modern equipment
• 1-2 days distance to European Union markets
• Foreign investment welcomed in the readymade clothing and knit production industries
Investment Opportunities
Mineral Resources
• Wide range of mineral resources
–
Metals: Iron, Copper, Lead, Zinc, Gold,
Silver Ferronickel, Ferrosilicon,
–
Non-metalic resources: Marble, Granite,
Onyx, Gypsum, Limestone, Quartz, Silica,
Marl, Bentonite, Feldspar, Clay
• 7.4% sector growth in 2011
• 18.5% of Macedonian industrial output
• Sector employs 6% of total employees in
Macedonia
• Strong mining tradition
Investment Opportunities
Tourism
Summer Destinations
• Numerous tectonic, glacial and manmade lakes, 50 in total
• Large Ohrid, Dojran and Prespa lakes
• Wartersports, archeological, wine,
eco and rural tourism
• In 2011, increase in foreign tourists
from EU of 38%
Winter Destinations
• Over 45 mountain peaks over 2.000m
• Around 70% of the territory is
mountainous, many locations have
more than 100 days of snow
• Opportunities for development and
enhancements of hotels and resorts
on many locations
TECHNOLOGICAL INDUSTRIAL
DEVELOPMENT ZONES
(TIDZs)
Investment Opportunities
Free Zones
Free Zone Rankovce
Area Size: 40 ha;
Corridor 8
Free Zones Skopje 1 & 2
Area Size: 145 + 95 ha;
E-75 Highway;
Next to the Int’l Airport
Free Zone Tetovo
Free Zone Stip
Area Size: 95 ha;
Distance from Skopje - 35 km
Area Size: 208 ha;
The largest Free Zone;
Excellent logistic support
Free Zone Radovis
Area Size: 10 ha;
Main Road M6
Free Zone Strumica
Area Size: 23 ha;
Free Zone Kicevo
Area Size: 30 ha
Free Zone Gevgelija
Free Zone Struga
Area Size: 30 ha;
Next to the Int’l Airport;
170 km from Durres port
Area Size: 50 ha;
85 km from the port of
Thessaloniki
Free Zone Prilep
Area Size: 68 ha;
Between Prilep and Bitola
(4th and 2nd largest city)
Investment Opportunities
Technological Industrial Development Zones - TIDZs
Fiscal Benefits
TAX
Corporate tax
Personal income tax
Value added tax
TAX RATES
TIDZs
Outside TIDZs
0%
10%
for the first 10 years
0%
for the first 10 years
10%
0%
18%
Property tax
0.1% - 0.2%
0.1% - 0.2%
Excise taxes
0%
5% - 62%
PRODUCT
CUSTOMS DUTY
TIDZs
Outside TIDZs
Raw materials
0%
Up to 15%
Equipment
0%
5% - 20%
• Connection to utilities
• Subsidy of up to €500,000 towards building costs
• Green Customs Channel available at border for rapid export
from Zone to EU countries
• Land in a TIDZ in Macedonia is available under long-term lease
for a period of up to 99 years
TIDZ “Skopje 1”
• €55mn investment
• over 500 employees
• catalyst production
JOHNSON MATTHEY
TEKNOHOSE
ANNOUNCING BEGINNING OF
CONSTRUCTION WORK IN TIDZ “SKOPJE 1”
• $40mn automotive components plant;
• 150 employees initially – increasing to 500;
• Integrated circuits
JOHNSON CONTROLS
PRODIS GROUP
ANNOUNCING BEGINNING OF
CONSTRUCTION WORK IN TIDZ “SKOPJE 1”
KEMET
SIGNING OF THE AGREEMENT
VAN HOOL ANNOUNCING BEGINNING OF
CONSTRUCTION WORK IN TIDZ “SKOPJE 2”
What They Say
“Macedonia offers the company just-in-time delivery and minimal freight costs.”
Philippe Simon
VP of Global Electronics
Johnson Controls
“We are very satisfied with the support provided by the Macedonian Government and its
institutions and Bitola municipality. The decision for investment in Macedonia represents an
important step in our expansion as part of the strategy for international output.”
Martin Passern
Managing Director
Kromberg & Schubert
“This will be JM’s ‘mega-European plant’ and the largest ever single investment project.”
Colin Jaffray,
Director, Strategic Planning
Johnson Matthey PLC
“ Macedonia was chosen because of its international competitiveness, because of our
positive existing corporate experience here and above all because of the support and
professionalism that we have received from all Government institutions during the analysis
process.”
Steven Meylemans
Project Manager
Johnson Controls
Thank You
AGENCY FOR FOREIGN INVESTMENTS AND EXPORT PROMOTION
OF THE REPUBLIC OF MACEDONIA
Nikola Vapcarov 7
1000 Skopje
Republic of Macedonia
Tel.: + 389 2 3100 111
Fax: + 389 2 3122 098
e-mail: [email protected]
web: www.investinmacedonia.com
International Office - Latin America
Elena Cvetkova
Head of International Office – Brazil and all Latin America
Agency for Foreign Investments and Export Promotion of the
Republic of Macedonia
Macedonian Embassy in Washington, USA – ECONOMIC AFFAIRS
Land line: + 55 11 3803 9250
Mobile: + 55 11 98708 5935
E-mail: [email protected]