Foreign investment forecast: USD 2.5bn

Serbia will receive USD 2.5bn worth of direct foreign investment this year, less than in 2006. State Secretary in the Economy and Regional Development Ministry Jasna Matic says that this is primarily because of a lack of big privatizations. Foreign investment forecast: USD 2.5bn In her opinion, the government has thus far concentrated more on so-called greenfield projects, and considerably less on brownfield, though this will change in the coming period. Last year, the government passed an act to generate investment, though it applied more to greenfield projects and offered subsidies of between EUR 2000 to 10,000 per employee. “The new government has modified the act slightly in order to allow brownfield investment, as we’ve seen that that is becoming ever more important,” stressed Matic. “Interest in brownfield exists, and it is not something that puts foreign investors off provided that the property situation in that location is clear,” underlined the state secretary. Following the anticipated completion of the privatization process at the end of next year, a complete clarification of property-legal relations is expected to take place. The Serbian Investment and Export Promotion Agency has posted on its website information on the most attractive green and brownfield locations throughout Serbia

Foreign investment forecast: USD 2.5bn

In her opinion, the government has thus far concentrated more on so-called greenfield projects, and considerably less on brownfield, though this will change in the coming period.

Last year, the government passed an act to generate investment, though it applied more to greenfield projects and offered subsidies of between EUR 2000 to 10,000 per employee.

“The new government has modified the act slightly in order to allow brownfield investment, as we’ve seen that that is becoming ever more important,” stressed Matić.

“Interest in brownfield exists, and it is not something that puts foreign investors off provided that the property situation in that location is clear,” underlined the state secretary.

Following the anticipated completion of the privatization process at the end of next year, a complete clarification of property-legal relations is expected to take place.

The Serbian Investment and Export Promotion Agency has posted on its website information on the most attractive green and brownfield locations throughout Serbia