Even if Telekom Sprske (625 euros) was removed from this list, the investment amount would still be double in 2007 when compared to 2006. This year, 2008, will be by far the best. We will probably have around 3-4, possibly 5 billion euros of FDI. BH Telecom will be privatized this year.
I don't see what you're getting at. I'm trying to explain the raise here. Besides, the sheer volume (or increase) of FDI doesn't say much about an economy without other relevant data.
I don't think BHT will be privatized this year. Too many political and administrative obstacles for that to be done on such a short term. Besides, even if it happens this year, the transaction probably won't be completed by the end of December which means that this potential deal will only be included in the data of 2009. 5 billion is totally unrealistic, unless they find oil in Hercegovina and manage to exploit it by the end of the year.
The question remains what exactly contributed to such a high increase ... I haven't examined the data of 2007, but I do know that over 60% of the FDI in 2007 accounts for privatization projects. Thus, less than 40% goes to greenfield stuff and even borrowing from abroad. Bosnia did become a party in the Central European Free Trade Agreement but I believe this only went into effect somewhere in August. So, when more than one third of the total FDI goes for the account of the selling of one single company, I think it´s fair to say that the privatization of state owned assets played a major role in the increase. Once again, I don´t have the data, so if anyone is able to shed some more light on the issue, please do.
@Spielfuhrer. Thanks! :thmbup: That victory yesterday felt reeeeeally good. The game was entertaining AND nerve wrecking as well. Supporting NAC is kind of like supporting the BiH nt; you never know what will happen or even what to expect. You might be up by 4-0 ten mins before time and still be convinced everything will go wrong in the end..
Managed to pull that lead over the finish line yesterday. Luckily and deservedly so.