ZAGREB, Nov 26 (Hina) - Foreign investments in Croatia have notproduced desirable effects, as there have been not enough greenfieldinvestments in the manufacturing industry and the effects of thegrowth in production, employment,
productivity, competitiveness andexports are absent as well, a professor from Split, Drazen Derado,said at a round-table discussion in Zagreb on Friday.
ZAGREB, Nov 26 (Hina) - Foreign investments in Croatia have not
produced desirable effects, as there have been not enough greenfield
investments in the manufacturing industry and the effects of the growth in
production, employment, productivity, competitiveness and exports are absent as
well, a professor from Split, Drazen Derado, said at a round-table discussion
in Zagreb on Friday.The event, organised by the Friedrich Ebert Foundation and the Public
Finance Institute, focused on direct foreign investments and their impact on
the Croatian economy.
In the first half of 2004, direct foreign investments in the country
came to 548 million US dollars as against 1.9 billion in 2003.
From 1993 to the end of June this year, those investments totalled 10.1
billion dollars. On the list of 11 European countries in transition, Croatia is
the fourth-ranked with 2,117 dollars of direct foreign investments per capita,
said Alen Skuder, an analyst of the Croatian National Bank.
Another expert, Zeljko Lovrencevic, said that according to figures,
Croatia had attracted many investments but all of had little effect.