Economic growth in Africa remains strong with growth of 5% in 2013. At least a third of countries in the region are growing at 6% and more, and African countries are now routinely among the fastest-growing countries in the world. Yet for businesses seeking to expand into or operate on the Continent and their legal advisers, there remain serious challenges to success. So how can we all make the most of this continent of opportunity and challenges?
Focussing particularly on recent developments, legal harmonization, opportunities and day to day issues in the legal world in Africa, the session will provide an insight into the potential challenges that lawyers may find when working with clients or on transactions or litigations in Africa and suggest some ways to mitigate the risks. Covering a range of topics such political risk, corruption, the importance of trust and relationship-building and the different pace of working, the webinar will provide a unique insight into working in Africa and present our unique offering on the continent.
International Business Transaction - Exporting and Importing: The Documentary...Mariske Myeke Tampi
This slides are about a review of the different methods of payment utilized in the sale of goods. It will then focus on the most common method of payment in international transactions ---the documentary collections transaction.
Investment promotion and access to markets: new opportunity?OECDglobal
Marie-Estelle Rey, Senior Advisor, MENA-OECD Competitiveness Programme, 11 May 2016, Regional conference: Investment and inclusive growth in the midst of crisis, Beirut
Economic growth in Africa remains strong with growth of 5% in 2013. At least a third of countries in the region are growing at 6% and more, and African countries are now routinely among the fastest-growing countries in the world. Yet for businesses seeking to expand into or operate on the Continent and their legal advisers, there remain serious challenges to success. So how can we all make the most of this continent of opportunity and challenges?
Focussing particularly on recent developments, legal harmonization, opportunities and day to day issues in the legal world in Africa, the session will provide an insight into the potential challenges that lawyers may find when working with clients or on transactions or litigations in Africa and suggest some ways to mitigate the risks. Covering a range of topics such political risk, corruption, the importance of trust and relationship-building and the different pace of working, the webinar will provide a unique insight into working in Africa and present our unique offering on the continent.
International Business Transaction - Exporting and Importing: The Documentary...Mariske Myeke Tampi
This slides are about a review of the different methods of payment utilized in the sale of goods. It will then focus on the most common method of payment in international transactions ---the documentary collections transaction.
Investment promotion and access to markets: new opportunity?OECDglobal
Marie-Estelle Rey, Senior Advisor, MENA-OECD Competitiveness Programme, 11 May 2016, Regional conference: Investment and inclusive growth in the midst of crisis, Beirut
we gather some essential information about location, economical and legal fact that you should know about Ukraine.
Because it is the right time to invest and Ukraine is the right place
Business and Personal Migration to CroatiaEurofast
-Market Entry Services and Business Climate in Croatia
(risks, political & business situation)
-Tax, Legal and Baking Aspects (system and benefits)
-Labor Issues: Hiring New Staff vs Relocation of Existing People and Work Permits
-Residency
Use Brussels as your springboard to the European market.Anthony C Taylor
Brussels is an ideal starting point for any business looking to expand in Europe.
If you are looking at your international business strategy and wondering what to do next, contact SME Strategy to see how your company would do by investing in Brussels.
we gather some essential information about location, economical and legal fact that you should know about Ukraine.
Because it is the right time to invest and Ukraine is the right place
Business and Personal Migration to CroatiaEurofast
-Market Entry Services and Business Climate in Croatia
(risks, political & business situation)
-Tax, Legal and Baking Aspects (system and benefits)
-Labor Issues: Hiring New Staff vs Relocation of Existing People and Work Permits
-Residency
Use Brussels as your springboard to the European market.Anthony C Taylor
Brussels is an ideal starting point for any business looking to expand in Europe.
If you are looking at your international business strategy and wondering what to do next, contact SME Strategy to see how your company would do by investing in Brussels.
Investment opportunities in Kosovo - FDI perceptions UBT University
Foreign Direct Investment (FDI) is an important source of capital and economic growth for developing countries. It provides a package of new technologies, management techniques, finance and market access for the production of goods and services. However, attracting FDI is a major challenge for host countries as it opens the challenge of identifying the major factors that motivate and affect the decision for FDI location.
In this context, this study aims at learning the perception of foreign companies and business associations regarding the business environment and the investment climate in Kosovo. Additionally it tries to understand what do they latter consider to be the strongest potentials that Kosovo provides, and the areas that need to be improved.
Finally, the results from the questionnaire taken with existing foreign investors, interviews with business associations and analyses of the World Bank report “Doing Business2011” will be the main focus of this project. The results of this study aims to give a clear picture of motivations, concerns and suggestions for improving the investment and business environment in Kosovo.
2. Macroeconomic Stability
• The Euro is the official currency since 2002
• Currency risk eliminated
• Financial discipline introduced
• Low inflation – averaged 3.5% over past 4 years
• Rapidly maturing economy
• Strong private sector growth and increasing FDI
www.invest-ks.org
3. Why invest in Kosovo?
• Free Access to a 520 Million Consumer Market
• A Good Strategic Location
• Lowest Cost Country within the Euro Currency Zone
• Youngest Population in Europe
• Readily Available and Motivated Workforce
• Very Low Taxes
• A Government Highly Supportive of Foreign Direct Investment (FDI)
• Modern EU-compatible Legislative System
• Sound Banking System
• Good Investment Opportunities
www.invest-ks.org
4. Free Access to 520 Million
Consumer Market
• Liberal free market trade regime
• Duty-free access to EU market
• Free trade agreement within CEFTA
• Total duty-free access to more than 520 million consumers
• General System of Preferences (GSP) status with US
www.invest-ks.org
6. Lowest Cost Country within
Euro Currency Zone
• Monthly average wage €270 (2009)
• Lower transaction costs
• Financial discipline
• Very low inflation
• Low social contributions on wages
• One of easiest places in world to hire labour
www.invest-ks.org
7. Youngest Population
in Europe
• 70% of population under age of 35
• 50% below 25
• Albanian and Serbian official languages
• English is de-facto third language
• Multilingual
• Flexible
• Highly educated
• Open, friendly and EU-oriented
www.invest-ks.org
8. Very Low Taxes
• Corporate income tax 10%
• Personal income tax rates vary from 0-10%
• Customs duty on imports 10%
• Reduced rate of 0% on capital goods and agricultural production inputs
• VAT rate 16%
• 0% VAT and customs duty on exports
www.invest-ks.org
9. A Government Highly
Supportive of FDI
• Attracting FDI is top priority
• IPAK is responsible government agency
• Simple and quick business registration procedures
• High level of investor protection Protection and Security
- Free Transfer of Funds
- Free Repatriation of Profits and Dividends
- Protection against Retroactive Application of Laws
- Prohibition of favoritism and discrimination
- Protection against expropriation
www.invest-ks.org
10. Sound Banking System
• Central Bank of Kosovo
• Regulates banking and insurance sectors
• A number of commercial private banks
• Strong presence of major foreign banks
• Competitive and positive on major financial indicators
www.invest-ks.org
11. Good Investment
Opportunities
• Food processing
• Mining and Energy
• Wood Processing
• Decorative Stone
• Metals and Metal Processing
• Clothing and Textiles
• Information and Communications Technology (ICT)
• Tourism
• Construction
www.invest-ks.org
12. Food Processing
• Traditionally, one of Kosovo’s strongest sectors
• Half of land is agricultural with fertile, nutrient-rich soils
• Low reliance on artificial inputs, ensuring integrity of the produce
• Good investment opportunities especially in:
- Dairy Products
- Fruit and Vegetables
- Wine production
- Meat Products
www.invest-ks.org
13. Energy and Mining
• Lignite reserves about 14
billion tones
• One add. 1000 MW
capacity, GDP increase of
17%
• Demand for investments
in new coalmines
• Huge deposits of lead
and zinc ( Trepça mines)
• Gold and silver
• Ferronickel and
magnesium
www.invest-ks.org
14. Metals and Metal Processing
• Long history in metals and metal processing
• Large, previously socially-owned enterprises almost all disappeared
• New SMEs tapping skill base in more western style of production
• Wide range of metal products currently being exported to Europe
• Opportunities to invest in European standards of production at highly
competitive prices
• Local companies interested in collaboration with foreign companies for
joint ventures, sub-contract or under-licence manufacture
www.invest-ks.org
15. Information Communications
Technology
• Kosovo’s ICT sector has grown rapidly in last 10 years
• High quality products and services with latest technologies
• Good annual supply of well-educated young graduates – 400-500 ICT
• Highly competitive costs – software engineer with 2 years experience
costs less than 800 euros per month
• Opportunities for partnership arrangements for outsourced software
development or customer support services for the region
www.invest-ks.org
17. Construction
• Young, newly independent country with enormous demand for new
infrastructure especially in:
- Housing
- Roads
- Rail
- Schools
- Tourism and Leisure
• Government plans for major infrastructure development
• Opportunities for foreign investors in Public-Private Partnership projects
www.invest-ks.org
19. Privatization of SOE-s
• Run by Kosovo Privatization Agency
• Nearly 500 SOEs to be privatized
• 41 rounds past, nearly 300 SOEs
already privatized
• Mostly agricultural companies, trade,
metal processing, textile
• Possibility of concessions or leases
www.invest-ks.org
20. Industrial Park (Drenas)
• 24 Hectares of Land
• 8 km from Prishtina International Airport
• 21 km from Prishtina
• Adjacent to Prishtina/Skopje Highway
• Easy access to power, water, telecommunications etc
www.invest-ks.org
21. IPAK’s Message to
Foreign Investors
• We will provide you with comprehensive advice and support from
professionals
• We will help you to identify suitable property options to accommodate
your operation
• We will help you to obtain all necessary approvals to enable a fast start-
up
• If you wish, we will provide you with introductions to potentially suitable
partners with whom you can collaborate
• We will provide you with an efficient and professional service
• We fully respect your need for confidentiality and your information will
be treated with the strictest confidence by our staff.
• Please visit our website www.invest-ks.org for further information.
www.invest-ks.org
22. Investment Promotion Agency of Kosovo
Tel & Fax: +381 38 200 36542
web: www.invest-ks.org
email: info@invest-ks.org
www.invest-ks.org