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  3. The Ministry of Industry, Entrepreneurship and Trade, through KIESA and the European Investors Council (EIC) organized the annual conference for the promotion and attraction of investments in Kosovo

News / 14/12/2022

The Ministry of Industry, Entrepreneurship and Trade, through KIESA and the European Investors Council (EIC) organized the annual conference for the promotion and attraction of investments in Kosovo

The Minister of Industry, Entrepreneurship and Trade, Mrs. Rozeta Hajdari, in her opening speech, spoke about the policy-making processes in the industry, entrepreneurship as well as the promotion and protection of investments, emphasizing that the development of the processing industry sectors is very important for the country's economy, with a direct contribution in increasing the value of production in the country and increasing the number of employees with different profiles.
Minister Hajdari highly appreciated the findings from the value chain studies for the seven sectors of the processing industry - wood, furniture, plastics, non-metallic minerals, metallic minerals, food and beverages, as well as chemicals, as the best and most competent performers. of the manufacturing workforce, who contribute most to the objectives for the Industry Development and Business Support Strategy, which will be forwarded for preliminary consultation this week.
Minister Hajdari emphasized the competitive advantages for investments that our country has, and the progress of MINT in completing the legislation for investments and trade policies, this year, according to the best international practices and in harmony with the EU legislation, with the aim of integration powerful economic and commercial with EU countries and principalities.
Law on sustainable investments; the law on industrial and technological parks; the law on innovation and entrepreneurship; the law on the protection of intellectual property rights; the law for the protection of competition and the law for tourism are some of the main laws drafted and completed during this year, which will affect the improvement of the environment for doing business in our country, the increase of investments and the increase of exports of local products in EU countries and beyond.
The Prime Minister of Kosovo, Mr. Albin Kurti, who said that Kosovo stands better in the rule of law than the countries of the region, ranking first in the Balkans and second among the 14 countries of Eastern Europe that are not yet part of the European Union. He expressed the government's vision for Kosovo to become a leading country in foreign direct investments and exports in the region of 6 countries of the Western Balkans.
There was also a positive assessment from Mrs. AnnaCarin Platon, leader of the Sector of Economic Policies and European Integration at the EU Office, who said that despite the challenges, the economy of Kosovo in recent years has recorded a positive rate of economic growth.
Meanwhile, the Chairperson of the Council of European Investors, Mrs. Eriola Bibolli, said that Kosovo has even more development potential.
The speeches continued with the discussion panel about investments and export, with representation from KIESA Mr. Zef Dedaj, EIC, Mrs. Arieta Vula Pozhegu SHPDK Association of Wood Processors, Kosovo Credit Guarantee Fund, Agron Llugaliu Kosovo Customs and with reflections from many business representatives, highlighting the increasing progress of investments and exports as well as the need for the creation of structured collaborations for the benefit of increasing production in the country, the removal of visas to facilitate exports to EU countries and for a more globally integrated industry.
SHPDK Ms. Arieta emphasized to the attendees the need for a push for Kosovar producers to increase production capacity through investments in production lines; because according to her, the capacities and products from Kosovo do not meet the requirements of European buyers. The need for investment development in the human factor and innovation and creativity; and need. N for subsidizing producers in export. What will Kosovo lose with a subsidy when the total value of Kosovo's exports is about 700mil.eur!
The first year would certainly be profitable for Kosovo if we count a 10% subsidy in the export value!

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