The republic of Macedonia has undergone a radical transformation in recent years thanks to its government's efforts to revitalise the country's economy, business environment and the look of its capital city, Skopje. The result is new buildings, new businesses and record inflows of FDI.
For decades the textiles industry was Macedonia's specialty, but the break-up of the former Yugoslavia in the 1990s caused production to slow dramatically. However, the industry is showing signs of a revival, led by the likes of Comfy Angel and Moda Sveti Nikole, both of which have attracted interest from western Europe.
The many advantages of public-private partnerships have seen the model utilised across the developed world. Now, countries in central and eastern Europe are looking to benefit from the model but governmental and legislative support can often be found lacking.