Albania, Kosovo, Serbia, Montenegro, Macedonia and Bosnia, with the support of the European Bank for Reconstruction and Development (EBRD), have launched a single platform for foreign investments.
The counter (http://investinsee.com/) offers a unique window for investors interested in Western Balkans, with information on the legal and regulatory framework of the six countries, on their macroeconomic performance and on their experience with foreign investors.
"We are working to bring local champions together and make them visible" - stated to FDI Intelligence of Financial Times, Marko Cadez, Chairman of the Chamber Investment Forum, the chamber of commerce that developed the platform.
The platform aims to provide investors with all the necessary information, but also information on 'how to move' in the Western Balkans.
"Communication between the public and private sectors is very important, and it is equally important to have someone to facilitate this process. We have direct communication with all six governments " - continues Cadez.
Same European Bank for the reconstruction and development approved the project; President Suma Chakrabarti stated that the platform has the potential to become an indispensable tool for foreign investors and the Balkan business community.
The bank has invested a total of over ten million dollars in the six countries (another million per year is expected to facilitate the maintenance of the branch), the largest investment ever made by the EBRD.
The Western Balkans remains a fragmented area both politically and economically, but governments across the region are increasing ties and efforts to develop a solid and flexible common infrastructure that can unlock economic potential.
The platform can also be seen as a step towards closer regional collaboration.
"If we want to be a unique region, we need regional institutions. This is why we always push local governments to engage publicly in regional institutions. " - concluded Cadez.
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