Transcript Investment Opportunities in Kosovo October 6, 2005, Ljubljana

Kosovo Chamber of Commerce
Investment Development and Financing
4th Vienna Economic Forum
Dr. Besim BEQAJ
November 5, 2007
Dr. Besim BEQAJ
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Economic outlook
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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 BEQAJ
Trade liberalization and
integration
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FTA with countries in the region under SP for SEE
Signatory of CEFTA agreement
Regional Energy Market
SEETO
SAP through STM
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Trade regionalism
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Political background
Economic Background
Dr. Besim BEQAJ
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
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Dr. Besim BEQAJ
Stimulating investment
environment
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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 BEQAJ
Stimulating investment
environment - cont
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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 BEQAJ
Sound banking system
BPK Authority-regulates banking and
insurance sectors
 All banks are private
 7 banks, including Raiffeisen Bank, 8
insurance companies
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Dr. Besim BEQAJ
Expansion of investment
activities
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Education
Industrial sector
 Agro processing industry
 Energy
 SME competitivness
 Infrastructure
 Construction
Service sector
 Banking
 Insurance
 Tourism
 Information Technology
Dr. Besim BEQAJ
Import substitution
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Trade exchange:
Agro processing
Construction materials
Food and beverages
Packaging
Wood processing
Dr. Besim BEQAJ
You can contact me:
[email protected]
+381 38 224741
+377 44 500 499
Thank You for attention!
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Dr. Besim BEQAJ