Business Park becomes a success story in Kosovo

Business Park becomes a success story in Kosovo

IBNA Special Report

Pristina, November 3, 2014/ Independent Balkan News Agency

By Elton Tota

The Business Park in Drenas is being seen as a success story by representatives of the government of Kosovo. This park is also praised by representatives of commerce chambers and diplomats accredited in Pristina.

37 companies have been located in this park until now and four others are expected to move here until the end of the year.

Many of them are functional and have employed around 350 people, while investments so far amount to 15 million Euros.

Minister of Commerce and Industry, Ismet Mulaj says that while businesses are preparing to start with production, another 40 million Euros are expected to be invested in order to create around one thousand jobs.

According to him, the work being done in this Business Park shows that private business increases investments, opens new jobs and increases exports when it’s not influenced by politics.

“Private business needs political stability to increase its capacities and get rid of trade barriers. In this aspect, from 2012 until 2014, the Ministry has helped this business climate with its investments in order to offer better conditions for business. I must stress that there’s been improvement in physical infrastructure, including the water supply system, where there’s now regular water supply. Investments have also been made in improving energy capacities from 2040 kw to 4440 kw”, said minister Mulaj.

The improvement of the business climate in Kosovo has also been reflected in international prestigious reports.

Head of the Kosovo Chamber of Commerce, Safet Gerxhaliu, thanks the Minister of Commerce and Industry for the support given to businesses in the Business Park.

“This is the best example that shows that the assistance shown by the state to businesses and this is reflected in the creation of new jobs and changes in trade balances”, said Gerxhaliu.

For the vice ambassador of Germany to Kosovo, Matthias Kiesler, this park is a success story for Kosovo, which must be promoted more to foreign investors.

“I will personally commit to convince German investors to invest in Kosovo. This is a success story for Kosovo”, said Kiesler. /ibna/