Investor Presentaiton
Opportunities to Foreign Investment in Kosovo
textiles and vineyards. With the commitment of all stakeholders Kosovo could become an
even more desirable place to invest, especially to try to draw attention of the major
international enterprises, with substantial investment potential and employment creation.
Major recommendations include:
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Improvement of infrastructure and physical environment. This includes: roads,
electricity, water supply and other services. Also, railway sector needs
investments in maintaining and modernization of the existing network.
Furthermore utilization of industrial zones and industrial parks should serve as a
model for the executive of the country as a crucial project that affects the creation
of favorable conditions for business.
A key condition for economic development is political stability. (1) Strict
adherence to rule of law, (2) strengthening democratic processes, (3) resources for
national security and (4) cultivation of tolerance are very important elements that
have great impact on investment climate.
Building transparent and accountable systems of governance at all levels.
Implementation of laws and increasing the number of judges and prosecutors for
80% are an important element that greatly reduces corruption. There is need to
stimulate competition and meritocracy to reduce the level of nepotism.
The findings of "Doing Business Report 2011" by World Bank are a good basis
for improving investment climate in Kosovo. These include: 1) difficulty at
starting a business, 2) obtaining permits and licenses at the central and municipal
level, 3) protecting investors, 4) trading across borders and 5) enforcing contracts.
These are substantial elements that the government of Kosovo must take into
account in order to eliminate bureaucratic procedures and to create facilities to
promote business in Kosovo. The focus should be mainly in reducing time (days)
and procedures (number).
Establishment of the Diaspora Investment Office within the Ministry for Diaspora
as the only body dealing with Diaspora's investment. There is a need for analysis
of statistical data to study the volume and the direction of remittances. Further to
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