WB6 IIP
Western Balkans Six
Investment Incentives Platform
The Western Balkans Six Investment Incentive Platform is the first of its kind in the region, providing detailed information on available incentives in each of the WB6. It is one of the key measures under the Regional Investment Area, which is part of the Common Regional Market Action Plan 2021-2024.
Developed with input from Investment Promotion Agencies (IPAs) across the region, the platform includes both financial and non-financial incentives, categorized by type, sector, and target audience.
It provides comprehensive information for investors looking to invest in the WB6. As an evolving resource, the platform will be updated every six months to ensure it remains current and relevant.
Financial Support for Strengthening Competitiveness
- Economy name
- Bosnia and Herzegovina
- ID
- B26
- Incentive name
- Financial Support for Strengthening Competitiveness
- Brief description
- Different forms of support are reserved for agricultural producers and farmers regarding their purchase of products, equipment or made investments according to the Program for Rural Development 2024.
- Legal reference name
-
Law on agriculture (2007); Law on Financial Support in Agriculture and Rural Development
("Official Gazette of the Federation of Bosnia and Herzegovina", no. 42/10 and 99/19)
- Legal reference
law section / article -
Article 20 (1) The basic amount of financial support is the product of the amount of eligible investment costs and the percentage of financial support from paragraph (2) of this article. The amount of eligible costs for each individual investment project is determined based on invoices and proof of payment.
(2) The percentage of financial support for the measures from Article 15, paragraph (1) of this Support Program is:
a) for projects from points a), b), c), d), e), and f) - up to 50% of the eligible investment costs,
b) for projects from point g) - up to 35% of the eligible investment costs provided that the value of domestic raw materials in production is at least 33%, and in the case of milk processing, at least 66% (these percentage restrictions do not apply to the milling and baking industry, the beer industry, and processing capacities for which there is not a sufficient quantity of domestic raw materials),
c) for projects from point h) - up to 75% of the eligible investment costs.
(3) The basic amount of financial support for the measure from Article 16 of this Support Program is up to 100% of the eligible investment costs.
(4) The basic amount of financial support for the measures from Article 17 of this Support Program is 40% of the eligible investment costs in plant production, livestock, and fisheries, or 35% of the eligible investments in the food industry until the maximum amount of financial support from Article 22, paragraph (1) and paragraph (2) point a) of this Program is achieved.
(5) The basic amount of financial support for the measure from Article 18 of this Support Program is up to 75% of the eligible costs of obtaining certificates for organic production.
- Incentive group
- Financial
- Incentive category
- Subsidy
- Economy-wide/Sector-specific
- Sector-specific
- Sector (Simplified)
- Agriculture
- Sector (NACE)
- A AGRICULTURE, FORESTRY AND FISHING
- Size of firm that can use incentive
- All sizes of firms
- Level at which incentive is available
- Economy-wide
- Ownership of firm that can use incentive
- Any
- Incentive location
- Specific region
- Main objective of the incentive
- Agricultural advancement
- In case of grant, share of grant in investment (in %)
- Contact Info
- Street "Hamdije Čemerlića" br. 2, 71000 Sarajevo
- Weblink to Incentive information in English
- Weblink to Incentive information in local language
- Click to open
- Eligibility criteria
description - Support for agricultural machinery and equipment investments is available for farms purchasing necessary machinery, while investment support in crop, livestock, or fishing equipment is offered to agricultural holdings making relevant purchases. Co-financing for breeding stock acquisition is provided to holdings purchasing cattle either domestically or through imports. Additionally, support is extended to holdings investing in construction or expansion for agricultural facilities, including legalization efforts and meeting environmental standards, as well as investments in perennial plantations and food industry construction or expansion. Finally, support is allocated to agricultural holdings in underdeveloped areas for machinery, breeding stock, and perennial plantation investments.
- Eligibility criteria
weblink - Click to open
- Awarding Authority (Name)
- The Ministry of Agriculture
- Application procedure + Weblink (where available)
-
The procedure is prescribed in accordance with the Rulebook on conditions and methods
realization of financial support according to the model of other types
support, which is brought by the federal minister of agriculture,
water management and forestry
- Implementing Authority (Name)
- The Ministry of Agriculture