The Government Seeks to Improve the Investment Climate in Less Developed Regions

The Government of Slovenia plans to improve the investment climate in Prekmurje, Maribor and the suburbs, Trbovlje, Hrastnik and Pokolpje. Potential investors in these regions will receive special tax privileges.

The Ministry of Economy is preparing a new law on attracting foreign and domestic investments. Currently, more than 1,000 business entities with a foreign share of capital work in Slovenia. The share of direct foreign investment in Slovenia increased by more than 13% last year to 11 billion euros.

The law will unite all subventions in a single register, while municipalities and the state will offer investors land for construction at a price below the current average. In addition, the right to renew and complete the facilities will be legally fixed and tax benefits will be redefined in a new way.

Given that the regions of Slovenia with a low level of economic development feature a high unemployment rate of 17% and more, they will receive additional tax benefits.

Zdravko Počivalšek mentions Prekmurje, Maribor and the suburbs, as well as the municipalities of central Slovenia, such as Trbovlje, Hrastnik, Radeče, and Pokolpje on the border with Croatia. These regions will preserve a nationwide 40% concession and a 100% concession for investment in research and development.