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Project:
Foreign Direct Investment Promotion in Kosovo
November
2006 - November 2009
Project Website: www.ipak-vienna.org
Summary
Within this project proposed by ECIKS and financed by ADA, ECIKS represents
the Investment promotion Agency of Kosovo (IPAK) in the German-speaking
countries.
Description
Due to its unresolved political status, Kosovo has in previous years
attracted a low amount of foreign direct investments (FDI). International
aid provided since 1999 has to some extent enabled the reconstruction,
but has unfortunately failed to create sustainable economic development.
The most important issues for the coming years in Kosovo will be country’s
economic growth and the fight against poverty and unemployment.
FDI
are the most efficient tool to create new jobs in Kosovo and to pave
the way for a sustainable economic development in the future. Hence,
the main goal of this project is to reduce the poverty and to contribute
to economic development by actively stimulating and facilitating the
FDI. The Economic Initiative for Kosova – ECIKS, who is implementing
this project, is achieving this through a pro-active identification
of potential investors in the German-Speaking countries and directly
stimulating them to invest in Kosovo by providing all relevant information
and assistance. To ensure a wide institutional support, ECIKS is acting
within this project as a branch office for the German-Speaking Countries
of the Investment Promotion Agency of Kosovo (IPAK).
The
project is foreseen to last 3 years with the possibility of extension
for additional 3 years. It is financed by the
Austrian
Development Agency (ADA) and supported by:
Ministry
of Trade and Industry of Kosovo
ADA
– Business Partnerships
Raiffeisen
International & Raiffeisen
Kosovo
Wirtschaftskammer
Österreich
MIGA
/ IIWB
(World
Bank)
Vienna
Economic Forum
Institut für
Donauraum und Mitteleuropa
Chamber
of Commerce of Kosovo
Kosovo Trust
Agency
ECIKS strongly believes that foreign investments,
as a trigger for economic development, will bring employment, new businesses
and will promote the transfer of new technological and managerial know-how
to Kosovo. In the long run, they will contribute to the sustainable
economic growth of Kosovo and make it a huge winner.
Kosovo
has great potential to become a favoured destination for FDI and to
attract capital, information and technology. The Vienna Office of the
Investment Promotion Agency of Kosovo, which is implemented by ECIKS,
is committed to give its contribution towards attracting FDI for Kosovo.
Developing
National FDI Strategy of Kosovo
October
2008 - Ongoing
Within this project ECIKS is coordinating activities with FIAS / World
Bank
and Kosovo Government and is contributing with its inputs to the first
national FDI strategy.
In
order to take a more structured and potential based approach in promoting
and facilitating FDI, the Ministry of Trade and Industry has requested
from the World Bank assistance in producing the national FDI strategy.
The project implementation has started in October 2008 and will include
all the relevant governmental and private sector institutions in the
drafting process.
Study:
Investor Perceptions
December
2008 - Ongoing
ECIKS
is contributing to this FIAS / IIWB study with research, field
research and drafting.
The
aim of this project is to conduct an investor perception survey,
outlining in this way the main barriers and reasons for investing in
Kosovo.
The results of the study will help Kosovo decision makers to asses policy
reform needed for successful attraction of FDI. This project has started
in
December 2008, while the full report should be available in May 2009.
Business
Plan for setting up an Investment Fund in Kosovo
March
2009 - Ongoing
Within
this project ECIKS is carrying out a market research for the “Kommunalkredit
Public Consulting” – KPC.
The aim of this project is to analyze the developments and the legal
aspects of financial markets of Albania, FRY Macedonia and Kosovo by
emphasizing the following topics: the structure of financial sector;
the corporate governance rules; the access to finance of small and medium-sized
companies; the regulations on banks, fund and the supervisory authorities.
The results of this research will be incorporated into the Business
Plan for Investment Fund coordinated by the KPC.
Study: potential of economic sectors and enterprises
in Kosovo
October
- December 2005
Download
the study online (PDF document)
Summary
Within this project, ECIKS has conducted a study about the potential
of economic sectors and enterprises in Kosovo. The project was financed
by ADA (Study in German available at the publications section of the
website)
Description
Within the framework of the project "Economy and Development”,
the Austrian Development Agency (ADA) in coordination with the Austrian
Federal Ministry of Foreign Affairs intends to strengthen the economic
development in partner countries and to include more Austrian potential
there. In order to support different projects in these countries, two
instruments were created: “Business Partnerships” (business
to business projects) and “Development Partnerships” (public-private
cooperations).
In the country program Kosovo, the Austrian Government pays a special
attention to the creation of new jobs and to the strengthening of the
local production. The instrument of Business Partnerships aims at integrating
Kosovar enterprises into national, regional and international value
added chains.
In
order to successfully realize the concept of business partnerships in
Kosovo, exact knowledge of the local enterprises is needed. Through
this study financed by the Austrian Development Agency (ADA), the Economic
Initiative for Kosovo (ECIKS) will analyze the enterprise structures
in Kosovo and potentials of different sectors of economy.
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