The Ministry of Economy and Entrepreneurship of the Republic of Srpska has announced today the Public Invitation for the allocation of incentives for direct investments in 2022.

The total amount of incentive funds allocated to economic entities is BAM 12,000,000 with the aim of supporting the implementation of investment projects in 2022.

The right to incentives is exercised on the basis of the economic entity’s project, which may have as its subject the procurement of modern technologies and equipment, i.e. the procurement of new or used equipment not older than 12 years, and the development and innovation of economic entities.

The funds are intended for co-financing part of the investment projects of economic entities implemented by entities in the following areas: textile, clothing and footwear industry, industrial wood processing (wood processing and wood products and furniture production), metal and electrical industry, rubber and plastic industry, paper and graphic industry, production of chemicals and chemical products, production of basic pharmaceutical products and pharmaceutical preparations, construction products industry, i.e. production of other non-metallic mineral products.

Of the total amount of available funds, at least 25 percent of the funds are approved and allocated to economic entities that employ up to 50 workers, or who have generated business income in 2021 up to BAM 3,000,000.00.

The public call shall remain open for 30 days from the date of publication, all forms can be downloaded from the website of the Ministry of Economy and Entrepreneurship and applications with the necessary documentation are to be sent by mail to: Ministry of Economy and Entrepreneurship, Trg Republike Srpske 1, 78000 Banja Luka.