1. Municipality of Zhelino
Republic of Macedonia
1 King’s Arms Yard, London EC2R 7AF T:

2. Quick Facts Separate local government unit founded in October 19962
Quick Facts
Separate local government unit founded in October 1996
 Located in north-western Macedonia in the Polog Statistical Region
Average size rural municipality. It stretches over an area of 201km2 (18 villages) with territory on both sides of the river Vardar
Total 24,390 inhabitants (99% Albanians and 1% Macedonians) *
Average annual temperature of 12.4 °C. Summers are long, dry and hot, and winters are cold with numerous foggy days
European route E 65 passes through the municipality
Two official languages -Macedonian and Albanian with English widely spoken
3 km distance from Technological Industrial Development Zone (TIDZ); Area Size: 95 ha
* As per 2002 census; (estimates for 2016 : 30, 000 inhabitants)

3. Why Invest in the Municipality of Zhelino3
Why Invest in the Municipality of Zhelino
Competitive Location
Excellent Infrastructure
Competitive Workforce
Investment Incentives
Investor friendly environment
FTAs with EU, EFTA, CEFTA countries; Turkey and the Ukraine
Perfect entry point to Europe
Access to over 650m customers
Unbeatable tax benefits
Lowest operating costs in Europe
3 km distance from Tax Free Economic Zone (TIDZ)
All of Europe in 1 to 3 days via truck or rail
 Short distance to two brand new international airports
1 to 3 hours to international seaports
No trade barriers with Europe, Ukraine and Turkey
Near to Middle East and North Africa

4. Location and Transport Infrastructure4
Location and Transport Infrastructure
• Two Pan-European corridors:
–East-West Corridor 8
–North-South Corridor 10
–E65 passes through Zhelino
•Road network: 9,205 km
•Railway network: 900 km
•Two international airports*:
–Skopje : 30 km
–Ohrid : 160 km
•International ports*:
–Thessalonica (Greece): 280 km
–Durres (Albania): 270 km
Patrick Reeve
Managing Partner
Will Fraser-Allen
Deputy Managing Partner
Adam Chirkowski
Investment Manager
Dr. Andrew Elder
Partner
Emil Gigov
Partner
David Gudgin
Partner
Adam Chirkowski
Investment Manager
Dr. Andrew Elder
Partner
Emil Gigov
Partner
David Gudgin
Partner
*Distance from Zhelino
Source: investinmacedonia.com
Robert Henderson
Investment Manager
Dr. Christoph Ruedig
Partner
Henry Stanford Partner
Robert Whitby-Smith Partner
Marco Yu
Investment Director
Ed Lascelles
Partner
Dr. Christoph Ruedig
Partner
Henry Stanford
Partner
Robert Whitby-Smith
Partner
Marco Yu
Investment Director

5. Doing Business - Macedonia5
Doing Business - Macedonia
BEST FOR STARTING A BUSINESS IN THE REGION
Based on the World Bank’s Doing Business Report 2017

6. Economic Indicators 2013: 2.9%; 2014: - 3.5%; 2015:-3.7% Q3 2016: 2.4%
Low inflation: 2013: 2.8%; 2014: - 0.3%; 2015:-0.3% Q3 2016: 0.2%
Macedonian Denar pegged to € for the last 20 years (€ 1 =MKD 61.5)
€ 537 per month ; € 379 per month in manufacturing
Standard & Poor's: BB- ; Fitch : BB
Q : 42% of GDP
GDP Growth
Inflation
Currency
Average Gross Salary 2017
Credit Ratings 2017
State Debts , September 2016
* Source: National Bank of the Republic of Macedonia

7. Unbeatable fiscal benefits and utility costs7
Unbeatable fiscal benefits and utility costs
Utility Costs
Utility prices for industry are among the lowest in Europe:
Electricity
€ 7.5/100kWh
(average sales price for all users)
Natural Gas
€ 0.47/Nm3
Water
€ 1.07/m3
* Source: tradeeconomics.com

8. Sustainable Work Force supply8
Sustainable Work Force supply
10, 000 college graduates each year
- 59,865 students enrolled in 2015/2016
41.5% of population under the age of 30
High intelectual capital
- 85% of high school graduates enroll in universities
- Multiple vocational high schools in each city
5% of GDP spent on education
Excellent language skills
- Two official languages - Macedonian and Albanian
- English tought from 1st grade
- Two foreign languages mandatory in high school
- Regional languages (Serbian, Croatian, Bulgarian and Greek) are widely spoken
Source: State Statistical Office

9. Investment Opportunities - Economic Industrial Zone9
Investment Opportunities - Economic Industrial Zone
Economic Industrial Zone ( Klisura)
- A special area outside the inhabited place dedicated for investments with incentives regarding prices of land and construction tax. Area Size: 200 ha
More than 20 investments realized ( 3 large companies, 4 medium size and 15 small businesses)
Land available for the price of €1 - €20 m2 depending on the investment type
Construction tax €6 ; €5 for light industries
Connection to utilities, complete infrastructure is available
Excellent location for investments in manufacturing, service industries
Source: investinmacedonia.com

10. Investment Opportunuties -TIDZ Tetovo10
Investment Opportunuties -TIDZ Tetovo
TID Zone
- A special custom area, in which special customs ad tax incentives are applied
Incentives in the Zones are applied only for the following activities:
- Production activities
- IT and R&D activities
- Service related to the import of the goods
Connection to utilities, complete infrastructure is available
No custom duties and no VAT on imported raw materials, equipment and construction materials
Green Custom Channel available at border for rapid export from Zone to EU countries
Land available under long term lease for a period of up to 99 years
Free Zone Tetovo (PPP) Area Size: 95 ha;
Distance from Zhelino - 3 km
Source: investinmacedonia.com

11. Dr. Fatmir Izairi - Mayor of the Municipality of Zhelino11
Thank you
Contact us:
Dr. Fatmir Izairi - Mayor of the Municipality of Zhelino
Zhelino, 1226 Macedonia |
Tel: | Fax: | -