CROATIA SECOND LARGEST INVESTOR IN BOSNIA-HERZEGOVINA

ZAGREB, Nov 19 (Hina) - Foreign investors in Bosnia-Herzegovina (B- H)come from 58 countries. By the end of July, a total of 1,453 business contracts were concluded in that country involving individual projects and acting as an incentive for further direct investments, reported the Foreign Trade and Economic Relations Ministry in B-H on Thursday. The highest number of contracts, 326, in that country were foreclosed with neighbouring Croatia or 22.4 per cent in all. However, the value of investments at 38.15 million German marks, has ranked Croatia in second place behind Kuwait which has invested 57.69 million German marks. Germany holds third place investing in a total of 203 business projects valued at 37.15 German marks. A total amount of 214.97 million German marks has directly poured into Bosnia. The majority of this money, 32.7 per cent, was directed to production followed by trade with 25.7 per cent and 20.5 per cent in the service sector. Investments amounting to 16.5 per cent, were channelled to the construction and transport sectors and the remainder, 4.6 per cent, was directed to remaining sectors. (hina) sp