"Serbia's goal is to attract USD 3bn"

Pie in the sky. I just don't see that happening. I'd be surprised if he managed to attract 500 million - 1 Billion, especially in this financial climate. Why would companies invest in Serbia? There's still too much corruption, inefficiency and weak infrastructure. It'll be difficult to persuade anybody to invest in new businesses.

To want to atract money is one thing, but what is it exactly that is atractive to invest money in Serbia.
Corporate tax is one of the highest in Europe @ 30% (20% tax on turnover and 10% on dividend), the infrastructure sucks! I would start by fixing the 1000's of pot holes, never mind the lack of decent roads, railways and storage facilities. Then there is the endless bureaucratic wrangling and waiting for permits and licences. Forget the fact that there are still remnents of protectionist laws, that favour no one except those that have a monopoly position. And if these are not enough reasons to invest then think again, because Serbia is still an incredably corrupt country with a justice system that is in bad need of serious revision.
On the other hand, Serbia could potentially be a magnet for investors because of it's geographical location, plenty of available land, cheap electricity and plenty of skilled and educated people, who work for far less than any European competitor. Unfortunately, if you scale up the pros and cons, the cons still outweigh the many potential benefits. It takes strong government to make real changes and Serbia is still too devided to make it happen.

Unlikely. The financial situation and because the bulk of investments were made by foreigners acquiring banks and telecoms. A process essentially completed in its totality.

Deputy PM Božidar Đelić stated on Thursday that Serbia's aim was to attract USD 3bn of direct foreign investments in 2010. Well its smaller then 3bn euros but bigger then 3bln dinars good luck.

Deputy PM Božidar Đelić stated on Thursday that Serbia's aim was to attract USD 3bn of direct foreign investments in 2010. Well its smaller then 3bn euros but bigger then 3bln dinars good luck.

To want to atract money is one thing, but what is it exactly that is atractive to invest money in Serbia.
Corporate tax is one of the highest in Europe @ 30% (20% tax on turnover and 10% on dividend), the infrastructure sucks! I would start by fixing the 1000's of pot holes, never mind the lack of decent roads, railways and storage facilities. Then there is the endless bureaucratic wrangling and waiting for permits and licences. Forget the fact that there are still remnents of protectionist laws, that favour no one except those that have a monopoly position. And if these are not enough reasons to invest then think again, because Serbia is still an incredably corrupt country with a justice system that is in bad need of serious revision.
On the other hand, Serbia could potentially be a magnet for investors because of it's geographical location, plenty of available land, cheap electricity and plenty of skilled and educated people, who work for far less than any European competitor. Unfortunately, if you scale up the pros and cons, the cons still outweigh the many potential benefits. It takes strong government to make real changes and Serbia is still too devided to make it happen.

Pie in the sky. I just don't see that happening. I'd be surprised if he managed to attract 500 million - 1 Billion, especially in this financial climate. Why would companies invest in Serbia? There's still too much corruption, inefficiency and weak infrastructure. It'll be difficult to persuade anybody to invest in new businesses.

Unlikely. The financial situation and because the bulk of investments were made by foreigners acquiring banks and telecoms. A process essentially completed in its totality.