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The Government adopts the Programme for the Stimulation of Foreign Direct Investment for the period 2005–2009

Ljubljana, 28 July

The main focuses of the Programme for the Stimulation of Foreign Direct Investment for the period 2005-2009, adopted by the Government at the session, are: equal treatment of domestic and foreign companies, the reduction and elimination of administrative obstacles to employment, lowering entry costs for initial investments and the aggressive marketing of Slovenia as a location for foreign direct investment.

The goals of the programme are between 1000 and 1500 new jobs a year and annual inflows equivalent to 1.0–1.5% of GDP excluding acquisitions and privatisation. "The employment objective was almost reached in 2004 (900 new jobs in 2004), but we are still a long way from the capital inflow objective," said economy minister Andrej Vizjak at the press conference. The majority of foreign capital inflow to date has been the result of acquisitions, while the aim is to achieve a shift towards more technology-intensive and capital-intensive foreign investment.

In addition to its practical character, the programme has symbolic importance since it indicates to potential foreign investors the Government’s more committed approach to attracting foreign direct investment.


More articles from this issue:

Interview
Fouere Expects Slovenia to Face Serious Challenges as EU Member
Ljubljana, 31 July
Foreign Policy
Rupel Says Helsinki Process Key to Ending Cold War
Helsinki, 1 August
Diplomacy
Sencar Taking Over as Slovenia's Ambassador to EU
Brussels, 26 July
Serbia-Montenegro President Decorates Ambassador Suklje
Ljubljana, 27 July
Bilateral Cooperation
Ministry Selects 11 Cross-Border Environment Projects
Ljubljana, 26 July
Government
Biometric Features to Become Mandatory in Passports
Ljubljana, 28 July
The Government adopts the Programme for the Stimulation of Foreign Direct Investment for the period 2005–2009
Ljubljana, 28 July
Cabinet Adopts Budget Framework for 2006 and 2007
Ljubljana, 29 July
The Government is already preparing for the EU Presidency in the first half of 2008
Ljubljana, 28 July
Economy
Contracts Signed for First Pumped-Storage Hydro Plant
Kanal, 26 July
Footwear Maker Alpina Opens New Company in Ukraine
Ziri, 28 July
EU Topics
EU Resumes Farm Subsidy Payments to Slovenia
Brussels, 26 July
Koprol Presenting Positions for EU Budget Talks in London
London, 27 July
Culture
New Swing Quartet Awarded at "A Cappella" Competition
Graz, 26 july
More Than 100 Events at Trnovo Summer Festival
Ljubljana, 27 July
People
Ljubljana Golfers to Get a Course at Their Doorstep
Ljubljana, 1 August
Tourism
Tourist Numbers Up Slightly in First Half of 2005
Ljubljana, 30 July
EU Projects to Boost Tourism along Slovenian-Italian Border
trieste, 1 August

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