On November 2nd, 2020, GERMIN and ITP signed a contract to attract diaspora engagement in the private sector, vocational education, and research and innovation in the Innovation and Training Park – Prizren.
Kosovo, a growing economy with steady development, a young labor force, and a stable monetary policy is a potential destination for many investors, entrepreneurs, and business communities. Many argue that its key asset aboard is its diverse diasporic community that is rich in terms of financial resources, entrepreneurship skills, and know-how; diaspora is the best entry point to foreign markets and a huge investment power group inside Kosovo. Therefore, through this collaboration, our goal is to reach out to diaspora communities as potential future investors in ITP, which provides a complete infrastructure and safe environment to serve Kosovo’s development efforts and offer/enable Kosovo Diaspora to play an active role as a developmental agent of the home country.
The multifunctional park has been officially opened for tenants in May 2020
, and is now open for interested national and international businesses to become part of the Park. ITP aims to attract diaspora engagement in the private sector, vocational education and training institutions, as well as research and innovation activities. Beyond the real estate structure offered, the park offers business services and a secure and stable investment environment with German management that looks after the tenants. The main areas of focus for the park are the following sectors:
- Information and Communication Technology (ICT) / Technology-based firms;
- Agro / Food Processing; and
- Creative and Cultural Industries (including tourism).
Moreover, to support these three above-mentioned sectors and to increase synergy effects among them, there will be two cross-cutting topics that have been identified and will be pursued within ITP:
- Vocational Education and Training (VET); and
- Research & Development (R&D).
In the upcoming months’ we will promote the Innovation and Training Park (ITP) Prizren among diaspora businesses, investors, and entrepreneurs living in Germany, Switzerland, and Austria.
Stay tuned for more information, and let us know if you want to be part of the upcoming events in the three above-mentioned countries in 2021, please send us an email at [email protected]