State allocates 300 million dinars for 19 industrial zones across the country

The Ministry of Economy has set aside around 300 million for the implementation of 19 projects, managed by local self-governments, said the state secretary at the Ministry of Economy, Dragan Stevanovic.

“By properly equipping industrial zones, local self-governments improve their competitiveness and attractiveness and that’s why these projects are important. Thanks to this co-financing, the Ministry of Economy has ensured that local governments have enough money for equipping the industrial zones,” – Stevanovic said for Tanjug.

According to him, this is one of the ways for each local self-government to fight for new investments, which will create jobs and contribute to the total economic growth of the country.

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“Nearly all local self-governments were given the opportunity to be supported through co-financing in developing infrastructure in business zones,” Stevanovic said.

Beginning in 2019, the programme also enables the financing of projects in tourist and spa areas. There are plans to increase the budget for tourist and spa projects as of next year, the State Secretary says.

“Next year, there will be much bigger funds available for the development of business zones. We will also extend the programme under which the funds are distributed, define the projects for financing in tourist and spa areas more precisely and try to finance projects which follow new trends,” Stevanovic added.

He points out that, with this programme, the state is trying to disperse the investments in order to cover the entire territory of Serbia evenly and added that the state would address investors’ needs in line with their demands and plans.

Stevanovic urged local self-governments to prepare the project documentation for the upcoming year well, so as to avoid getting rejected in case the documentation doesn’t match the on-site situation.

“I would like to urge local self-governments to prepare the project documentation well by the end of the year, so that that the project implementation can start on January 1st,” Stevanovic underlined.

(RTV, 23.07.2019)



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