Vojvodina focusing on developing industrial zones

Economic development and bringing investors to industrial zones have proven the winning concept in many municipalities in Serbia. However, while some investors have to wait in line to get their place in certain, very popular industrial zones in suburban areas, some are struggling to attract investors at all.

The Government of Vojvodina has recently analyzed all 118 industrial zones in the province that cover a total of 20,000 hectares. The government is willing to invest in their development providing that local authorities attract investors. The money for the development should not be a problem because Vojvodina will get an agency soon which sole purpose would be to allocate the government investment funds.

The Provincial Secretariat for Economy and Tourism conducted the aforementioned analysis in collaboration with the Spatial Planning Institute of Vojvodina and the provincial municipalities. The provincial Secretary for Economy, Ivan Djokovic says that almost all municipalities in Vojvodina have at least one industrial zone.

“They are not all on the same level, infrastructure-wise. While some have great infrastructure, others don’t have even the basics – water, sewage or electricity”, Djokovic says and adds that industrial zones in Stara Pazova, Inđija and Subotica are doing really well with globally renowned companies, like Siemens and Swarovski, operating there, just like the industrial zone in Zrenjanin. On the other hand, some zones are struggling. Djokovic goes on to say that, in the future, those municipalities that received the least amount of investments and funds should be supported the most in order to raise their development level.

“Banat County is most underdeveloped part of Vojvodina and this is where we are willing to help with attracting investors. Arrival of big companies will be possible if the relevant state and provincial authorities coordinate their activities. Also, small and medium enterprises are entitled to incentives here, and they will be given an opportunity to become suppliers to big companies”, Djokovic concludes.

Vojvodina also has excellent opportunities for development of cross-border cooperation too where the money from the EU funds can be used to develop industrial zones.

(eKapija, 06.02.2017)


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