MACEDONIAN PM INVITES COMPANIES TO INVEST IN MACEDONIA

Anadolu Agency - English News / Anadolu Ajansı
December 17, 2007

ISTANBUL (A.A) - 17.12.2007 - Macedonian PM Nikola Gruevski stated
he
was informed that 'Sisecam', a glass producer from Turkey, was
interested in investment opportunities in Macedonia and noted that
they
always welcomed companies who wanted to make investments, on Monday.
      Turkish-Macedonian Business Council --operating under Foreign
Economic
Relations Board (DEIK)-- held a meeting in Istanbul on the occasion of

Macedonian PM Nikola Gruevski and Macedonian investment delegation's
visit.
      Macedonian PM Kruevski and Rona Yircali, Chair of the DEIK
board of
executives held a joint press conference before the meeting where the

investment possibilities in Turkey and Macedonia will be discussed.
      Gruevski briefed the press on projects they implemented to
enhance the
investment climate in Macedonia and said they lowered the income tax
to
10 percent and carried out projects to remove bureaucratic hurdles.
      "In areas of technology and industry we provide tax exemption
for the
first 10 years. In the following years it continues at the rate of 10

percent," said Gruevski who noted that the state also covered
infrastructure costs.
      "We invite businessmen from Turkey who want to develop their
business
outside Turkey to invest in Macedonia."
      On the other hand Yircali, indicated that important
infrastructure
investments were underway in Macedonia and said Turkish contactors
could
play a major role in the process.