Mihajlovic: Serbia open to US investments

Serbian Deputy Prime Minister and Minister of Construction, Transport and Infrastructure Zorana Mihajlovic and US Ambassador to Serbia Kyle Scott have signed the Memorandum of Understanding on Infrastructure Cooperation in the presence of Serbian President Aleksandar Vucic and US Secretary of Commerce, Wilbur Ross.

“For the Serbian government, the modernization of infrastructure is a priority in development, and thanks to the projects that we have implemented in the past few years, we are recognized as a country open to all investments that connect Serbia to its neighbours, new know-how and new technologies,” Mihajlovic said regarding the signing of the memorandum.

“We expect that from this memorandum too, which gives us the opportunity to connect with the best American companies that want to operate in Serbia, side by side with the best European, Chinese, Russian and other companies, but also to share with us good practices from the world regarding preparing projects and developing studies and analyses that can contribute to better quality and greater efficiency of investments in infrastructure, “added the Deputy Prime Minister. 

Ross welcomed the implemented economic measures and the results Serbia had accomplished in the previous period, saying that he believed Serbia was a good place for investments, the statement reads. 

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This agreement between Serbia and the U.S. is important for infrastructure, but it has great symbolic meaning for securing even better relations between Serbia and the US, Ross stated. 

During the meeting with Ross, Mihajlovic underlined the government’s good cooperation with companies from the US, which employ more than 16,000 people in Serbia, while the American Chamber of Commerce in Serbia (AmCham) rallies more than 200 companies which employ around 100,000 people. 

“And that is why it is important to have more companies from America,” Mihajlovic said. 

She presented Ross with a gift of a gold-embroidered stylized letter “R”, handcrafted by women from villages in Serbia. Mihajlovic gives these as gifts to foreign officials within the initiative called Employing 1,000 Women in Rural Areas, which the Coordinating Body for Gender Equality is realizing in cooperation with the Ethno-Network and the National Alliance for Local Economic Development (NALED).

(Politika, 06.09.2018)



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