PM tells investors Serbia has skilled workers, low salaries

Prime Minister Ivica Dačić urged on Tuesday British investors to invest in Serbia, stressing that the country has "a stable political situation."

Source: Tanjug

Serbia is also "carrying out economic reforms," according to him.

In his opening address at "Serbia Investment Day" in London, Dačić said that Serbia is a country which views problems as challenges, and one of the greatest ones is economy - its growth and approaching the result which are achieved by strong economies.

"This is exactly why we are in London today," Dačić said, adding that the solutions are investments and projects which will bring growth to Serbia and money to investors.

Presenting Serbia's advantages, Dačić said that the country is entering the talks with the EU and it has "a stable political situation, which the government uses to facilitate a rigid bureaucratic system of the state apparatus and procedures for issuing building permits and other licenses and change the laws."

"We offer a high level of skills and knowledge of employees, their relatively low salaries compared to the European ones, and we also have agreements on free trade with Russia, Turkey, CEFTA and the EU," Dačić said, and added that:

"This means that products made in Serbia are highly likely to have a good placement, and it is also important that the country is EU-oriented and that it has low income taxes and a positive microeconomic situation."

Depending on how much they invest, we offer grants to investors per every job they open and many other exemptions, the Serbian prime minister said.

He said that in the areas of energy, agriculture, infrastructure and IT, Serbia is a promised land for investors.

Serbia Investment Day is organized by the British-Serbian Chamber of Commerce and hosted by the Serbian government.

The event will be addressed by Serbian Minister of Finance Lazar Krstić, Minister of Economy Saša Radulović and advisor to the Serbian government Alfred Gusenbauer.

Business & Economy

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