Developmental Agency of Serbia to be set up, SIEPA and National Agency for regional development to shut down

The minister of trade, Zeljko Sertic, said on Saturday, May 2, 2015, that SIEPA and the National Agency for regional development will shut down and the Development Agency of Serbia will be established.

The new agency will function in a professional manner and with corporative management it will be at disposal to companies and local self-governance, the minister said.

Apart from that, investment offices will be set up which will be managed by mayors and municipal presidents and they will report directly to the republic council for economy.

- We will have a channel where in every municipality, everyone will know who is responsible for what. Every president of municipality will know who to contact in the republic , who is the person in charge of projects in his/her municipality – Sertic said.

Sertic said the new Law on investments, all domestic entrepreneurs will have the same rights as foreign investors.