Bosnia SN IC

completed

Investment is a local phenomenon. Businesses select specific localities for investment and the investment climate in specific localities drives the investment location decisions. The project is structured to provide assistance to sub-national levels, bringing the programmatic approach and synergetic effects of linked interventions to a full complementarity. Building on previous success of P587227, the project intends to 1) ensure effective handover of regulatory simplification methodology and know-how to local stakeholders to continue reforms, and 2) broaden the reach of reforms on sub-national level to more localities. Project will focus on regulatory simplification work on subnational level; helping localities in attracting and retaining investments; increasing transparency of regulatory service delivery and handover of regulatory reform tools to local stakeholders. The project intends to assist municipalities and cantons to implement regulatory simplification reform, improve business environment in their respective localities, and help them attract investments over the period of several years.