Serbia "struggling to attract foreign capital"

A local official says Serbia was still not attracting a sufficient amount of foreign investment.

Izvor: Beta

Wednesday, 26.09.2007.

12:30

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A local official says Serbia was still not attracting a sufficient amount of foreign investment. At an international business conference in Zagreb today, the Zrenjanin Municipal President Goran Knezevic said that “Serbia, in relation to other countries in the region, has many factors that are limiting its ability to attract foreign capital.” Serbia "struggling to attract foreign capital" Knezevic, representing Serbia at a two-day business conference on the subject of reforms in south-east Europe, told Beta news agency that in order to attract foreign capital “the first and most limiting factor is the presence of political problems.” “These are limiting factors, because investors are looking primarily for security, and secondly to invest and increase capital,” he concluded.

Serbia "struggling to attract foreign capital"

Knežević, representing Serbia at a two-day business conference on the subject of reforms in south-east Europe, told Beta news agency that in order to attract foreign capital “the first and most limiting factor is the presence of political problems.”

“These are limiting factors, because investors are looking primarily for security, and secondly to invest and increase capital,” he concluded.

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