1. No category

Your company can benefit from early investment in the next ICT
success story in Europe, providing an excellent opportunity to
serve as a ‘hub’ for creative services industry for global markets at competitive cost structure of both – labor and operating
costs, serving as economically viable solution for new content
and IP development, and further distribution into European
markets.
See for Yourself: ICT Creative Services Showreel
https://www.youtube.com/watch?v=ueHjXUf-RHo&feature=youtu.be
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Contacts
Municipality of Novi Grad Sarajevo
Bulevar Meše Selimovića 97
71000 Sarajevo
Bosnia and Herzegovina
Phone: +387 33 291 100
Email ngsa@bih.net.ba
www.novigradsarajevo.ba
Novi Grad
Sarajevo
GROWTH-ORIENTED LOCAL DEVELOPMENT (GOLD)
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Why Invest in Novi Grad Sarajevo?
Novi Grad Sarajevo is one of the most dynamic municipalities
in the Sarajevo City, offering investors a professional, business friendly environment, low operating costs, and excellent
availability of talented labor at competitive rates. Sarajevo, as
a home to internationally renowned Sarajevo Film Festival –
provides a networking platform generated by the presence of
prominent international film and animated features professionals and expertise, and first players that enter the market will
reap the most benefits. This thriving investment location offers:
◙◙ A strategic location to Asian, Middle Eastern, and European markets with convenient time zone which overlaps
with major markets in Europe, as well as allows for time
compatibility with companies in the Middle East and United States markets;
◙◙ Highly talented, creative and skilled labor at competitive
costs, with mechanisms to scale up the labor supply in line
with specific investment opportunities / project demands;
◙◙ Centre for new, efficient and high value content development, with collaborative and innovative workforce environment;
◙◙ Abundance of available attractive locations for investments at competitive rates;
◙◙ State of the art ICT park that has become the center of
growth within the sector;
◙◙ Favorable legal environment;
◙◙ Plentiful natural beauty and high quality of life;
◙◙ A ‘can do’ business attitude that reduces the risk of investment within collaborative and innovative environment.
Investing in Novi Grad Sarajevo today positions companies to
access a plethora of global markets.
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Fast Facts
◙◙ The most desirable site for investors, with 95% out of the
planned industrial zones in the City of Sarajevo and 41%
out of all planned business zones in the Sarajevo Canton.
◙◙ 15.000 available workers with university and high school
degrees
◙◙ Availability of on-demand training and workforce skills development
◙◙ Financing re-education for deficit avocations, mostly in IT
sector
Target Sectors for Investment
Novi Grad Sarajevo is an attractive investment destination for
companies in a variety of sectors, but especially those in:
Information and Communications Technology (ICT)
Novi Grad Sarajevo is an emerging location for a number of
verticals within ICT, including outsourcing, creative services,
and programming, as well as high-end engineering and software development in highly competitive global niches such as
aviation industry. Advantages for potential investors include:
◙◙ Technology parks/facilities such as HUB387, that provide a
world-class support network for ICT companies, including
on-demand training, modern facilities, and state-of-the-art
infrastructure, which create an environment conducive to
strengthening of local ICT eco system while promoting culture of collaboration and shared knowledge;
◙◙ Mechanisms in place that ensure ‘on-demand’ training
and workforce skills development platform to ICT companies, ensuring them a continuous supply of high-quality
labor that is trained to their specifications at minimal cost
to the company;
◙◙ Availability of high-quality engineering, science, and ICT
graduates, with workforce supply of over 100,000 skilled
individuals, and with over 1,200 university graduates in
ICT and 1,700 ICT technical and secondary school graduates annually, and with high fluency in English;
◙◙ A competitive cost environment that merges world-class
ICT skills with reasonable wage rates and cost of doing
business (the lowest labor cost compared to regional
countries);
◙◙ The EU and Middle East market’s appetite for ICT & highend creative services is growing exponentially, providing
companies that are willing to make the investment in B&H
today a unique opportunity to access this market from a
low-cost, high-skill ICT platform;
◙◙ A growing number of connecting points for ICT companies,
allowing them to undertake research and development as
well as upper-level technology niches; and
◙◙ A legal and regulatory environment conducive to making
business operations easy and profitable.