Slovenian Foreign Investors Forum calls to increase the FDIs from 10.5 bn to EUR 15 bn
FIF presented the Slovenian Government FDI Declaration, which the main goal of increasing foreign direct investment (FDI) from 10.5bn now to EUR 15bn in five years.
SFIF uniting enterprises, with a wide geographic origin of capital (Austria, Germany, Switzerland, France, USA, Russia, Egypt, Czech Republic, Croatia, Denmark ...) stationed in Slovenia. Presenting the declaration, the head of the Foreign Investors' Forum Vojmir Urlep emphasized that the goal could be achieved only if the key stakeholders of Slovenian business environment will understand what needs to be done and will support this. In addition to the government, Urlep addressed also the trade unions, media and others that play an important role in this society.
The declaration identifies challenges faced by foreign investors that hindering growth, which are:
1. High labour taxes;
2. High profit and personal taxes;
3. Poor payment discipline;
4. Lack of qualified workforce;
5. Inefficient judicial system.
At the event Slovenian Prime Minister Dr Miro Cerar expressed support to the declaration, highlighted that Slovenian economic outlook for the future is encouraging and assured businesses that the government had similar goals. He admitted that Slovenian business environment is uncompetitive when it comes to taxation issues and actively participated by the round-table debates held at the summit, where participants pointed out that no significant greenfield investments were made in Slovenia in recent years. On the contrary, FDI increased much more in EU-28 as well as in Visegrad countries.