PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

587227

Primary Business Area

Investment Climate

Disclosure Date

Feb 22, 2012

Country

Bosnia and Herzegovina

Region

Europe

IFC Approval Date

Nov 3, 2011

Status

Completed

Estimated Total Budget

$3,236,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Oct 17, 2011

Project Description

The project provides programmatic assistance to Bosnia and Herzegovina, working with selected governments at all four levels: national, entity, cantonal, and municipal. It provides critical regulatory and investment promotion tools to help the country in its EU accession process and to reduce the administrative burden to businesses, attract foreign direct investment (FDI), increase exports, and enable a single economic space. Agribusiness is a key sectoral focus of the project. Specific objectives are to: 1) streamline and simplify business administration procedures; 2) implement and strengthen the regulatory quality system; 3) reduce the administrative burden; 4) develop and implement a sector-specific investment strategy; 5) review and improve the existing FDI law and policies; and 6) increase the degree of harmonization of food safety regulation.

Development Results