Trend of foreign investments is positive, says the Central Bank in Skopje

Trend of foreign investments is positive, says the Central Bank in Skopje

Skopje, June 2, 2014/Independent Balkan News Agency

By Naser Pajaziti

In the first four months of the year, there were 86,9 million Euros worth of foreign investments in the former Yugoslav Republic of Macedonia, indicate statistics of the Popular Bank of Macedonia (BPM).

The investments come from companies from Switzerland, Turkey, Germany, Austria, Greece, Ukraine, while the funds have been invested in production, agriculture and energy sector.

For this year, the government has announced direct foreign investments which will amount over 300 million Euros.

“We have planned over 300 million worth of investments and the trends are positive. These investments are very important, because new jobs are being opened. At the same time, activities continue for the promotion of our capacities in attracting foreign investors”, said the spokesman of the government, Muhamet Hoxha for IBNA.

Among the biggest investors is the Turkish company “Veibo Group” which has decided to invest 180 million USD in the construction of a complex for the production of textiles in the northeast of the country. This investment will open around 5 thousand new jobs.

Last year there were around 200 million Euros worth of foreign investments. /ibna/