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 i Contacts Municipality of Novi Grad Sarajevo Bulevar Meše Selimovića 97 71000 Sarajevo Bosnia and Herzegovina Phone: +387 33 291 100 Email [email protected] www.novigradsarajevo.ba Novi Grad Sarajevo GROWTH-ORIENTED LOCAL DEVELOPMENT (GOLD) ? 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. ☑ 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.
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