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Cross-Border Cooperation for Investment Promotion

Cross-Border Cooperation for Investment Promotion

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Page 1: Cross-Border Cooperation for Investment Promotion

Cross-Border Cooperation for Investment Promotion

Page 2: Cross-Border Cooperation for Investment Promotion

ABOUT PROJECT

In July 2012, the National Alliance for Local Economic Development (NALED),

in partnership with the Municipality of Gradiste, started the implementation of project

Cross-border cooperation for investment promotion (EU CBC IP)

Total project value on both sides of the border is594,608.31 EUR and the share of 505.417,06 EUR

is being funded by the European Union

Page 3: Cross-Border Cooperation for Investment Promotion

PROJECT PARTNERS

The project, lasting for two years, is being implemented in cooperation with:

Office for International Cooperation (TINTL), Municipality of Gradiste, Municipality of Lovas, City of Ilok - Croatia

Municipality of Odzaci, Municipality of Kula - Serbia

Page 4: Cross-Border Cooperation for Investment Promotion

PROJECT GOALS

The overall project goal is to improve the competitiveness and ensure sustainable economic growth of the border region.

The specific objectives:

Cross-border region will be positioned and recognized as investment friendly region on Europena market

and to increase local capacities for attracting and managing investmens

Page 5: Cross-Border Cooperation for Investment Promotion

The project will encourage creation of investment-friendly environment and promotion of cooperation among Croatian and

Serbian companies and local governments in the border area

The project will contribute to the positioning and visibility of border region as business-friendly in the European market, which involves,

among other things, development of conditions for attracting investments and strengthening the capacities of local governments

to identify and promote the investment opportunities

Page 6: Cross-Border Cooperation for Investment Promotion

EXPECTED RESULTS

Local capacities for attracting and managing investments increased

Set of investment attraction and managing tools developed according to needs of local communities and investors

Business and investment climate at the local level in the program region improved

Page 7: Cross-Border Cooperation for Investment Promotion

TARGET GROUPS AND FINAL BENEFICIARIES

Target groups of the CBC IP Project are local self-governments in cross-border region (Vukovar-Srijem County, Croatia; West Backa District, Serbia) twenty trainess educated to attract and manage

investment in cross-border region, participating investors and local companies

Final beneficiaries of the CBC IP Project are public institutions related to investment, potential and existing investors in the cross-

border region, citizens and local community

Page 8: Cross-Border Cooperation for Investment Promotion

PREVIOUS ACTIVITIES

Curriculum for educational program that includes workshops and practical work with mentors, to train persons on investment

attraction and management

Sets of three-day workshops:

Led data collection, maintainance, analysis and useBusiness planning and soft management skills

Investment promotion and investment management

Page 9: Cross-Border Cooperation for Investment Promotion

FURTHER STEPS

In order to identify investment possibilities in the region, in cooperation with consulting house SEEDEV ltd from Belgrade, we

are working on developing of two sector studies (for Agricultural/Food processing sector and Chemical sector), and

two subsector studies for West-Backa District, Serbia. Six round tables will be organized in Odzaci and Kula to discuss about these

studies

Investment brochure describing investment possibilities in the CB region in 4 sectors identified through sector study

Page 10: Cross-Border Cooperation for Investment Promotion

Regional investment strategy with action plan for the next three years will be prepared based on these sector studies. It will help municipalities to plan all activities in developing their investment

offers and ensure that municipalities are dealing with potential and existing investments in the best way possible

Development of database software in 4 languages (Eng, Ger Cro, Srb) that will be used by municipalities and investors

alike. It will contain data on workforce demographics, taxes and tax-based incentives, business costs, infrastructure etc.

Page 11: Cross-Border Cooperation for Investment Promotion

English language course as a part of the educational programme for serbian trainees and seminars with exicting foreign investors as a

part of the Aftercare service will be organized

Visiting missions of foreign investors to Kula and Odzaci:

Organize two visits of potential investors and meetings with stakeholders and local decision makers in the area, visits to business

areas and investment locations in municipalities, as a part of proactive presentation of opportunities

Page 12: Cross-Border Cooperation for Investment Promotion

Investment missions abroad: Milano, Vienna, Stuttgart

Organize three visits to foreign companies (potential foreign investors) and present municipal and regional investment potentials

to company’s leadership. Visit will be organized to preidentified companies who have done or plan to do business in the region and

might have interest to expand their investments

International trade fair: Hannover (Germany)

Contact potential investors and companies willing to expand in the area directly

Page 13: Cross-Border Cooperation for Investment Promotion

Thank you for your attention

Aleksandar Nikolic, Project [email protected]

+ 381 63 1075618