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Slovenia Business Week no. 12: Investment Agency Gets EUR 34m for 2007

The Public Agency for Entrepreneurship and Foreign Investment (JAPTI) will get EUR 34.1m in budget funds in 2007 in accordance with the programme and financial plan adopted by the government

The Public Agency for Entrepreneurship and Foreign Investment (JAPTI) will get EUR 34.1m in budget funds in 2007 in accordance with the programme and financial plan adopted by the government, JAPTI chairman Franc Hoffman told the press in Ljubljana on Tuesday, 20 March.

Out of the EUR 31.6m available for programmes, the JAPTI will earmark roughly EUR 22m for entrepreneurship.

The remaining EUR 7m will be set aside for attracting foreign investments and for Slovenian companies' ventures abroad, while EUR 2.4m are allocated for operating costs, explained Hoffmann.

According to the programme, the JAPTI will issue a public tender in April aimed at attracting foreign investment. The tender will be worth EUR 5.8m, roughly EUR 1m more than in 2006.

It is planning to launch four new offices in Asia and America, in addition to those opened in January in Milan, Duesseldorf, Bucharest and Istanbul, JAPTI assistant manager Alenka Hren explained.

The agency is also planning to start a centre for competitiveness and innovation in order to promote and develop innovation, Hren added.

Source: Slovenian Press Agency STA

Author: STA, Slovenian National Press Agency