Serbia can be engine for attracting investors to region with support of EBRD

The Western Balkans region has much to offer to prospective investors and, with the support of the European Bank for Reconstruction and Development (EBRD), Serbia can be an engine for attracting investments, EBRD Director for Serbia Daniel Berg said on Sunday (21 February 2016). Ahead of the Western Balkans Investment Summit, which will kick off in London on Monday and see a delegation of Serbia led by Prime Minister Aleksandar Vucic participate, Berg said this would be an excellent opportunity for showcasing the Western Balkans region and educating the investors who were not yet acquainted with the situation in those countries. - The aim is to highlight investment opportunities and promote an inflow of FDIs and cross-border projects - Berg told Tanjug news agency. He is convinced the region has much to offer, notably the advantage of strategic trade ties with the EU and access to the Adriatic Sea. On the other hand, investors are hesitant as the market is relatively small and the business climate has not been improved enough, the EBRD official said.
- That is why we work together on creating even better conditions to attract prospective investors -said the head of the EBRD Office in Serbia.

Speaking of Serbia alone, Berg said that the EBRD had so far invested over EUR 4 billion in about 200 different projects in the country.

- Last year alone we invested EUR 478 million in 25 projects. We are one of the largest investors in Serbia - he noted.

EBRD Evropska banka za obnovu i razvoj Beograd

Vlada Republike Srbije

Beogradska berza a.d. Beograd

European Bank for Reconstruction and Development

EBRD

Daniel Berg

EBRD Investment Summit

Aleksandar Vucic

Belgrade Stock Exchange

EBRD investment in Serbia