Government team presents investment opportunities in Austria

Real estate news By MRT online
Thursday, 27 September 2007


Government team, led by Vice Premier Zoran Stavreski presented Wednesday in Vienna Macedonia's story as a successful business destination before representatives of largest Austrian companies. Vice Premier Stavreski referred to prior reforms, which have contributed to the largest GDP growth, project regulatory guillotine, as well as other favorable conditions offered to foreign investors in Macedonia. "Accelerated tempo in the implementation of economic reforms and the process of Macedonia's EU and NATO integration gives a clear signal to foreign investors on the political and economic stability in the country", stressed Stavreski.

He enumerated series of favorable conditions for investment, stable fiscal policy, flat tax, four free economic zones, educated and qualified labor, CEFTA agreements, strengthening of institutional quality, functioning of market economy, which are some of the reasons why Macedonia is a good investment destination. Finance Minister Trajko Slaveski presented Macedonia's good macroeconomic positions, as well as growth of foreign investments.

"Macroeconomic indicators remain exceptional, 2007 will finish with a 2-3 percent inflation, along with a low Budget deficit under one percent of the GDP, which makes the country investment-friendly", stated Minister Slaveski. Minister of Transport and Communications Mile Janakieski presented possibilities for investments in infrastructure, such as transport corridors, airports, hotels, real estate and telecommunications. Janakieski acquainted the Austrian businessmen with the construction activities of Corridors 8 and 10, as well as the facilitated procedure for acquiring construction documents, but also announced the tender for building a hotel complex and a mall in Ohrid.



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