Government adopts programme to revive large industrial centres

Minister of Economy and Regional Development Nebojsa Ciric said that the government at its meeting on Thursday adopted the Programme for the revival of large industrial centers of special interest for the Republic in 2011, as well as the Decree on conditions and manner of attracting direct investment.

Ciric told a press conference that the aim was to revive major industrial centers in 15 local government units, where 20-25% of the population of Serbia live.

The investors will receive incentives ranging from €2,000 to €10,000 per workplace, he said and explained that communities with more than 50,000 inhabitants and an unemployment rate above 20% were eligible.

According to his words, Pirot, Kragujevac and Zrenjanin are exempted, since there are free zones there.

Apart from Nis, Kraljevo, Zajecar and Novi Pazar, investors from Loznica, Leskovac, Krusevac, Jagodina, Sremska Mitrovica, Aleksinac, Paracin, Backa Palanka, Ruma, Vrsac and Bor will receive grants, he said.

Ciric said that the total allocated funds cannot be above 50% of the investment for large companies and 100% for small and medium enterprises.

Ministarstvo privrede Republike Srbije

Grad Pirot

Grad Kragujevac

Grad Zrenjanin

Grad Niš

Grad Zaječar

Grad Kraljevo

Grad Novi Pazar

Grad Loznica

Grad Leskovac

Grad Kruševac

Grad Jagodina

Grad Sremska Mitrovica

Opština Aleksinac

Opština Paraćin

Opština Bačka Palanka

Opština Ruma

Grad Vršac

Grad Bor

Ministry of Economy and Regional Development Nebojsa Ciric

Programme for revival of industrial centers of special interest in 2011

Pirot

Kragujevac

Zrenjanin

Zajecar

Kraljevo

Novi Pazar

Loznica

Leskovac

Krusevac

Jagodina

Sremska Mitrovica

Aleksinac

Paracin

Backa Palanka

Ruma

Bor

Vrsac

revival of large industrial center

employment incentives