“In 2018, 2019, 2020 the total worth of FDi is US$1.35 bn and more than US$ 5M compared to 2013 to 2017”, this is a crucial indicator of the attractiveness that our country offers to foreign investors.It also shows the stability, security and certainty for doing business in the country, stated Pavleski – an interview with Локално.мк
“Last year, despite of the global Covid crisis and recession, the level of FDI reach $233M is better than 2017 by 17%. In conditions of global reduction of FDI, we had an increase in the past years, and also in time of Covid pandemic crisis, we achieved a smaller decrease than the world average rate” pointed out Pavleski.
“There is a great potential for cooperation between local companies and foreign investors.In addition to growing the economy, it also leads to development in the application of new technologies, knowledge and standards, and it also stimulates entrepreneurship by opening opportunities for new products and services”, stated Dejan Pavleski.
Out of 40 companies – potential investors we are talking to, ten are the most interested for investing in the country. These are companies from UK, Belgium, Netherlands, USA and other countries mostly from the automotive industry and IT sector.
In the next period, I expect realization of several investments with the total worth of more than €100M and create several thousand new jobs, stated Pavleski.
For the first time, Macedonian companies have the opportunity to complete among 176 countries in the world with their business achievements for an award that will provide them with a ticket to direct entry into world business opportunities. The Go Global Awards have been organized by the International Trade Council since 1956.
Invest North Macedonia is part of awarding of companies at the international level, and the Director Dejan Pavleski is one of the 14 judges who will select the registered world companies.
Invest North Macedonia invites domestic companies to participate in this prestigious selection of the best businesses in the world. The application is until August 3, 2021, and for all interested the Invest North Macedonia offers advisory support. The selected companies will be announced on September 14, 2021, and the official selection which due to the pandemic will be held virtually is on October 5, 2021, said the Director Dejan Pavleski.
The Go Global Awards provide global recognition for the success of companies. The program aims to build a community of senior executives from around the world to support each other, share ideas, build partnerships and complement their existing knowledge and connections. The winners gain access to unique international platforms through an extensive network of International Trade Council members in 176 countries.
Applying for the Go Global Awards is free and provide the opportunity for Macedonian companies to expand their resource network, learn more about innovations and market opportunities, and personally compare themselves to their competitors.
Applications will be reviewed by 14 judges who will award 8 categories of Leadership Awards.
“2020 was a year like no other, yet businesses of all sizes, from all industries, defined the limitations of our new world and kept on. These organizations have displayed their resilience, innovated, embraced rapid technological changes, and supported their employees and communities in a way never seen before.Enterpreneurship cannot be stopped. Collaboration will always prevail. New opportunities can sometimes be found in the darknest of places,”said the International Trade Council Chairperson for South East Asia, Ranjani Rangan.
The Awards bring together hundreds of senior executives from some of the world’s most innovative manufacturers, exporters, technology firms, international service providers, venture capital firms and financial institutions.This year’s awards categories include: Accounting Services, Advanced Manufacturing, Artificial Intelligence, BioTech, Business Process Outsourcing , CleanTech, Construction,eCommerce, edTech, Electronics, Energy, Export Promotion, Fashion, Finance,Information Technology, HealthTech, Hospitality, Legal Services, Logistics,Manufacturing, Marketing, Market Research, MedTech, Mining, Packaging, Pharma, Professional Services, PropertyTech, Retail, Robotics,Shipping, Supply Chain Management, Tourism, Trade Finance, Mining & Wholesale.
In 2019, 3952 companies from 161 countries applied for the Go Global Awards, 91 companies from 18 countries received awards.
Тhe Director, Dejan Pavleski met Mr. Stefan Peter, the President of the Council of Foreign Investors, as well as the Vice President of the Chamber of Commerce Dr. Jelisaveta Georgieva – Jovevska and Mrs. Emilija Todorovska, expert and ISO coordinator in the Chamber.
Current trends in the economy, the perceptions of foreign investors about the conditions for doing business in North Macedonia, the role and importance of the Agency in the assistance and support of existing investments and attracting new investors was discussed at the meeting.
It was jointly concluded that it is particularly important to increase the cooperation with local suppliers and universities, to encourage research and development activities, as well as to continuously improving services to investors in the post-investment period.
The Council for Foreign Investors at the Economic Chamber of North Macedonia is presented by 130 companies with 50,000 employees in various industries throughout our country, and with a total turnover of €5bn.
It was agreed to further intensify mutual cooperation by setting common goals, priorities and activities.
The director of Invest North Macedonia, Dejan Pavleski met Mr. Joanis Smirilis, Secretary General of International Economic Affairs in MFA Greece.
Opportunities for joint projects and strengthening the regional cooperation related to investments and trade were discussed at the meeting. They agreed to take activities between Invest North Macedonia and ENTERPRISE GREECE in the following period as a result of the signed Memorandum of Understanding on investment and trade cooperation between the two Agencies in January 2021.
Panel discussion for “Perspectives of Foreign Direct Investment (FDI) in North Macedonia”
Cooperation in the Balkan region, economic development, foreign investment, infrastructure, energy, tourism, sustainable development were topics discussed at the Economic Forum – Skopje. The forum, organized by the Delphi Economic Forum together with the Greek Business Association of North Macedonia, was opened by Prime Minister Zoran Zaev. Ambassadors, ministers, government officials, prominent businessmen from North Macedonia and the region participated in several panel debates.
Dejan Pavleski, Director of Invest North Macedonia together with Athanasios Savvakis, President of the Federation of Industries of Greece, Maja Filipceva, President of Am Cham, North Macedonia and Ary Naim, Regional Manager, Central & SE Europe, International Finance Corp participated in the panel discussion entitled “Perspectives on Foreign Direct Investment in North Macedonia”.Inventiveness and innovation give a new impulse to development and are key to overcoming crises. In that sense, with the latest amendments to the Law on Financial support to investments, we stimulate and help the development of R&D activities with 50% of the total costs “- said Pavleski, talking about the support of investments and incentives, while emphasizing the R&D potential.
Sports diplomacy: Promotion of public diplomacy, trade and economic cooperation between North Macedonia and Romania
At the Bucharest Chamber of Commerce, as the host of the event for promotion of public diplomacy, trade and economic cooperation between the countries, before the “opening” of the “Macedonian Products Week”, the director of Invest North Macedonia, Dejan Pavleski, presented Macedonian business climate and export potentials to Romanian businessmen.
The present businessmen were acquainted with the benefits available to investors, export support as well as the conditions for trade cooperation.
“Traditionally good relations and friendly relations between the two countries and peoples should be an incentive to increase the overall trade exchange, create opportunities for mutual investments and cooperation of companies to be included in their value chains,” Pavleski said at the end of his address.
After the business presentations, the President of the Bucharest Chamber of Commerce Iuliu Stocklosa, in the presence of the Minister of Economy Kreshnik Bekteshi and the Minister of Agriculture Arianit Hoxha, as well as the businessmen from both countries, opened the “Macedonian Products Week”. Several Macedonian companies are present with stands with their own brands from the food, dairy, confectionery and wine industries. The products will be available for tasting to interested visitors at the event which will last until 18thJune.
The events are organized within the framework of “sports diplomacy” and the participation of our national team in the European Football Championship, at the initiative of the Office of the Prime Minister of the Republic of North Macedonia, Macedonian Ambassador to Bucharest Gabriel Atanasovski and Bucharest Chamber of Commerce.
