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d r Dragana Radevic, CEED. Investment & Business Opportunities in the region, case of Montenegro May 14th, 2013 RCI Regional Access to Finance Event “ Challenges and Opportunities for Better Future and Growth ”. ✪. Decline of Global FDI.
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dr Dragana Radevic, CEED Investment & Business Opportunities in the region, case of Montenegro May 14th, 2013 RCI Regional Access to Finance Event “Challenges and Opportunities for Better Future and Growth” ✪
Decline of Global FDI • Global foreign direct investment (FDI) inflows declined by 18% in 2012, to an estimated US$1.3 trillion - a level close to the trough reached in 2009 – due mainly to macroeconomic fragility and policy uncertainty for investors. • FDI flows to developing economies, for the first time ever, exceeded those to developed countries, by some US$130 billion.
EY Attractiveness Survey on SEE • Strong improvement in investors’ perception • Leadership on costs and productivity leading to domination in labor intensive activities • Weakness on quality and infrastructure generating low interest in knowledge-based activities • A high level of confidence in the future driven by EU membership
A strong perception gap depending on investors’ experience in SEE
Dynamic of change Past Present Future
Montenegro today is… (1) • Politically stable and safe country • Has national treatment of foreigners • Ability to remit profit, dividends and interest • Euro – no hidden inflation • Flat Tax System (CT 9%, PIT 9%, VAT 17%) • Easy Business Start Up (1 EUR + 4 days) • Increasing economic freedom.
Montenegro today is… (2) • EU candidate country with launched negotiations process • A step away from NATO membership • With no open issues with its neighbors • Member of WTO • With free trade agreements with EU, CEFTA, EFTA, Russia, Ukraine and Turkey
Vision By 2020 to become leading hub for business development in Adriatic region.
Priorities • Continuation of the regulatory reform • Improving competitiveness • Strengthening the capacities for attracting FDI and building partnerships on national and local level • Promotion and communication for target sectors and markets.
Investment and Business Opportunities • Energy • Tourism • Agriculture • Industry
A strong perception gap depending on investors’ experience in SEE
Thank you for your attention…! Contact: dradevic@t-com.me