News in English     | 24.07.2018. 18:41 |

MoC signed between Maglaj Municipality and BiH Diaspora Business Center

FENA Press release

SARAJEVO, July 24 (FENA) - A Memorandum of Cooperation was signed today between the Municipality of Maglaj and the Business Center of BiH Diaspora, making Maglaj a part of a growing network of local communities actively promoting the role of the diaspora in strengthening the economic development of the country.

The Business Center of the BiH Diaspora was established under the auspices of the USAID Diaspora Invest project in order to promote and support the investments of BiH emigrants in their homeland, stated USAID Diaspora Invest project.

“The Municipality of Maglaj continues to work on supporting interested investors. Cooperation with the Business Center of the BiH Diaspora is another confirmation and recognition of the work our local community does to improve the business climate.

Maglaj already has investors from the BiH Diaspora, and there is an interest by the new ones that are yet to come. It is important that a positive message is sent from today's meeting and for us to confirm our readiness to support all interested investors,” said the Municipal Mayor Mirsad Mahmutagić.

Director of the Economic Development Department at the USAID Mission to Bosnia and Herzegovina, Andrew Boegel, emphasized the importance the USAID attaches to BiH Diaspora in the economic development of the country.

“Along with grant funds and technical support to the companies from the diaspora, implemented by the USAID Diaspora Invest project, it is extremely important to contribute to the efforts of municipalities and cities to create a more favorable business climate for new investments in BiH,” said Boegel.

(FENA) S. R.

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