Croatian entrepreneur Mate Rimac has announced his plans for the creation of a technology park in the Bosnian city of Livno.

The Rimac Automobiles founder hopes that Technology Park Livno will help boost the economy which he considers to be the “worst in Europe”. He plans on the park to create jobs for young people in the region and strengthen relations between young people and the diaspora.

Linnovate Technology Park was announced at the Business Forum Livno on the 14th August and was met with support from locals, including the Mayor of Livno who said that the park will enhance the city’s capacities.

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