Sunday, October 09, 2005

According to USAID, Kosovo is "the safest place in the region to invest in"

Pristina, October 8, 2005 - Whatever the final status is going to be, Kosovo is able to survive economically, Head of the USAID mission in Kosovo, Ken Yamashita, said.

He made this assessment based on the natural and human resources of Kosovo.

However, Yamashita emphasizes that it is very important that these resources be governed properly.

“Kosovo has good natural resources, which offer possibilities for development, especially in the industry sector,” said Yamashita. “Moreover, Kosovo has a qualified workforce. But they need to be properly governed in order to move forward.”

According to Yamashita, it is important for Kosovo to understand that cooperation with the countries of the region would contribute to improving the economic development.

USAID estimates Kosovo’s economic environment as convenient

Various reports published lately in Kosovo made a different estimation on the economic development. While some reports indicate that Kosovo’s economy is in a crisis, the recent report of USAID shows Kosovo as a potential place to invest in.

The report that is based on the World Bank’s methodology on Kosovo indicates that Kosovo has proven to have a friendly environment for business development compared to the FYR states, even compared to other countries in South Eastern Europe.

Before the report was published, USAID representative for business support, Rick O’Sullivan, had stated, “We are satisfied that the private sector takes initiatives. In the report that will be published soon, Kosovo will be ranked as the safest place in the region to invest in.”

However, the report indicates that still there is a lot to be done for business development in Kosovo and that there are challenges in the financial development and the capital market.

Source: Economic Initiative for Kosova (ECIKS)


Anonymous said...

There is only independence missing. That will stop the imaginary ability of Belgrade to threaten investors with legal challenges.

Anonymous said...

The safest place for pedofile and criminal Shiptars, yes.

Anonymous said...

Hey man the criminals that you are refering to committ their crimes in countries were there is more demand for such crimes. Be that as it may, Kosovo is free of pedofiles and murderes because all of them moved north to Serbia.

Anonymous said...

Apperantly the Shkije do not know that there exist a letter Q.

Anonymous said...

What is Shkije? What is that?

Anonymous said...

Take a wild guess.

Anonymous said...

Oh, just don't speak Serbian in Kosovo. Right, real safe. Like any third world country immersed in poverty and crime. Congrats shiftars.

Anonymous said...

14% inflation and 30% unemployment in Serbia proper. That is poverty.