Study: 94% of investors fled Kosovo, expelled corruption, bureaucracy

Study: 94% of investors fled Kosovo, expelled corruption, bureaucracy

The Kosovo Alliance of Business has conducted a research study in Kosovo where, in particular, foreign investors are behind and especially among those coming to visit Kosovo for investment opportunities and those who left and stopped to invest in our country. Agim Sahin, the head of GDP, said a study [...]

Agim Sahin, the head of GDP, said such a study was conducted for the first time in Kosovo, and the GDP is pleased to succeed in achieving this project, but is concerned with the findings of this research study.

“From year to year there are obvious improvements in fiscal policies but not enough, and this is well attested to the findings of this study, for which investors have presented their remarks legislative rather than legislative. Whether or not investors who complain or the country's institutions who praise one thing are certain that Kosovo has few foreign investors, few well-known and fewer powerful foreign corporations that improve our image in all economic, cultural and sports fields”, it is said in their announcement.

The full announcement of their research:

Kosovo has a lot of individual and political human resources and potential, and that these first two cannot move with accelerated steps unless they have support or political interest, which this presents as an obstacle to moving towards finalising investment success.

By 2016/17/18 Kosovo is facing political problems such as Demarkation, Visa Liberalisation, the Kosovo Army, the Association of Serbian Communists, and direct dialogue with Serbia, not mentioning the domestic policy problems that all of these have left the economy as a secondary problem or in fact the primary problem is the country's economic development.

All of this has caused foreign investors to come to Kosovo more as tourists than we do as investors, and we need all of us, but not investors to come and leave and never come as visitors or tourists again.

Last year, of all those who have come to visit Kosovo for investment opportunities, only 2% have remained here, 4% are considering the possibility, while 94% are declared not coming to Kosovo or finding better opportunities in other countries.

Their statements why they do not come to Kosovo are different but presented at 10 obstacles:

There's no security for investments,

Lacking institutional support of business principles,

Bureauocracy and administrative corruption,

Locking in expensive physical infrastructure,

Permissions for construction that drag their foot forward a year and more with corruption,

The immediate and inexpensive fiscal charge,

Expensive financial support,

Not finding reliable local partners,

Small Market

10. Parcella to buy expensive.

Yes, where these investors have gone they are declared in Serbia 35%, Macedonia 25% Albania 15% Black Mountain 10% BiH 5% saves about 10% have not been declared.

All of this now is no longer a problem only for foreign investors, but also for the country where some of these are going out to expand their activities and cheaper investment opportunities.

Sowa Berisha, deputy head of the UN, said that Kosovo has some good, but not implementable laws referring to the Strategic Investment Law, which Kosovo has so far brought nothing, and as its follow many investors as mentioned above have fled to other countries in the region.

While the Osman Union, deputy head of the GDP, said Kosovo must change access to all investors and find ways to seduce them otherwise, things can get even worse and the opportunities are for Kosovo to be a leader in the Balkans because some countries in the region are offering subsidies for new workers up to three years.

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