Significant increase in share of Province and local self-management in incomes from concessions on territory of Vojvodina

The representatives of Vojvodina have adopted the proposal for changes in Law on concessions and, according to the proposal, the Province would obtain 2.3 and local self-management would receive 4 times more means from the realized concession than before.

The changes imply that, instead of present 30%, 70% be set aside for financing of development and infrastructure of Vojvodina, on the territory of which the concession is allotted.