The Ministry of Trade and Industry has approved the request of the Kosovo Manufacturing Club (KMC) to reduce the rent for producers operating in the Industrial Park of Drenas.
The KMC has filed this request considering that local producers who run their business in the Industrial Park of Drenas are faced with operating difficulties such as high rental cost, property tax, and difficult access to finance.
Thus, the KMC in the context of improving and further facilitating the environment and doing business, but also promoting the principle of fair competition and equal treatment of manufacturing companies in the country asked the Ministry of Trade and Industry to lower the rent level for producers operating in the Industrial Park of Drenas.
At the same time, as foreseen in the cooperation contracts, this decision will allow producers to use the property as mortgages to financial institutions in order to facilitate the easier access to finance.
These changes are welcomed by KMC because they are a major relief in terms of cost of operation and will allow manufacturers easier access to finance. KMC thanks the Ministry of Trade and Industry for this decision and at the same time encourages the Government of the Republic of Kosovo to continue in the future with policies that support local producers.