The United Macedonian Diaspora's has started a program on "Facilitating Greater Engagement of the Diaspora in Macedonia's Socio-Economic Development." Macedonia - a unique business gateway to the Balkans. Macedonia is an attractive business and leisure destination. Our objective is to make foreign investors aware of this by placing Macedonia in the Spotlight. More specifically, we aim to improve the world's perception of Macedonia and facilitate the development of Business: Alliances, Strategic Partnerships, Joint Ventures, Investment and the Exchange of Know-How. The purpose of this section is to highlight the current political, economic, social and cultural circumstances in Macedonia that support the government’s ambitious plans for economic expansion and production diversification through capitalized investment. Macedonia is an emerging economy with plenty of potential for investments. The country, rich in natural resources, offers opportunity for profitable investment in agriculture, banking, energy, transportation, mining, tourism, telecommunications, information technology, research, and textile and manufacturing. The combination of highly educated yet cheap labor force, the country’s strategic location, and the low taxes and tariffs, are all cost-benefit incentives for businessman to open manufacturing outlets in Macedonia. In addition to the resources and geography, the political and economic incentives provided by the government have significantly enhanced Macedonia's attractiveness to foreign companies and investors. The government’s efforts to boost productivity and competitiveness both in the private and public sector through liberalization of the market, privatization of state-own enterprises, and government-sponsored incentives for foreign direct investments, are additional stimulus to foreign businessman. Macedonia offers all of the ingredients for an attractive and safe business & leisure destination: • Strategic location; • Upcoming industrial and export centers with room for development; • Natural resources; • Educated and skilled workforce; • Low cost production facilities; • Ongoing privatization; • Political stability; • Stable monetary and fiscal situation; and • Rich historical and cultural heritage.
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