Serbia "could expect" EUR 2.5bn in FDI this yearSource: B92
BELGRADE -- According to some experts and officials, Serbia can hope to receive up to EUR 2.5bn in direct foreign investments this year.
A majority of that sum is expected to go toward the energy sector. One such contract, worth EUR 120mn was signed in late 2012 with Germans.
Alexander Grunauer of Germany's GIZ says that the money could go to energy and water sectors, as well as EU integrations, legal reforms and development of the economy.
"When it comes to energy, there's Nikola Tesla and Bajina Bašta power plants," he said, and added that the organization "has a project that is helping local communities in eastern Serbia build better business environments".
Božidar Laganin of the Agency for Foreign Investments (SIEPA) confirmed that interests was being shown in Serbia's energy sector, but also in the country's automobile, textile, footwear, confectionary, and IT industries.
He noted that "talks with the companies interested in the IT sector are encouraging".
The Serbian Chamber of Commerce (PKS) officials are cautious, stressing that Serbia could use investments in its industrial sectors the most.
PKS Vice-President Mihajlo Vesović explained that a part of the investments would arrive through "unavoidable privatization processes" of those companies "that are worth something at this point" - and specified that it concerned Serbia's Telekom, and the pharmaceutical manufacturer Galenika.
Experts agree that foreign investors must be encouraged by Serbia itself, which should offer a stable political and financial environment.
After a severe drought and a two-digit inflation rate in 2012, this year should bring with it more macroeconomic stability - and a more predictable investment environment.