In competition with several regional countries, new investors from the automotive industry chose Macedonia

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Two companies from the automotive industry have informed Macedonian authorities that made the internal decision to invest in Macedonia, said the director of the Technological Industrial Development Zones Viktor Mizo in the interview with the Leader.

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In terms of why companies choose precisely Macedonia as a place for their investment, Mizo said that the country was in direct competition with several countries from the wider region.

– We have contacted these companies for longer period of time, and after the analyze received information that Macedonia is destination that has been selected to expand their production for the European market. Today we are among the 5-6 countries of Central and Eastern Europe, which the companies regularly analyzed when making the decision to expand its production facilities or consolidation of production in Europe. With aim to acquire such reputation in the field of foreign direct investment in recent years were carried out numerous reforms aimed at improving the business climate, realized capital projects – built infrastructure ready at the sites for investment – TIDZ-s, then the construction of roads that improve infrastructure conditions for realization of foreign investments. But, what is most important for foreign investors to adopt decision to invest on the one hand is the availability of institutions that have decisive factors for the realization of investments, and on the other hand is the existence of direct dialogue with investors who have already invested in Macedonia through, which perceive their business needs and problems, emphasizes Mizo.