Vucic: Foreign investments in Serbia EUR 1.92 bln in 2016

Prime Minister Aleksandar Vucic said that he expected Serbia to receive EUR 1.92 billion of foreign direct investments (FDI) before the year end.

In his address to the Serbian Parliament, he also that the said the said investments would put Serbia in the first place in the region in terms of FDIs.

In response the question asked by MP Dubravka Filipovski from the Nova Srbija party about the time frame in which Serbia could receive $3 billion worth of FDIs, Vucic answered that the amount was not possible because no large state-owned companies had been privatized in the past period.

“I don’t think we are going to be able to reach this amount in the next two years unless we privatize a large state-owned enterprise. Perhaps, we would be able to reach $3 billion in investment in the third or fourth year”, the PM explained.

Furthermore, Vucic expressed his satisfaction with many Turkish companies investing in Serbia’s south, and announced the arrival of a German investor to Nis.

– I’ll be able to say more about this investor in two to three days – the prime minister said.

He also said that he was pleased with the arrival of Bank of China, adding that that would provide additional stimuli to the Serbian economy.

(eKapija, 01.11.2016)

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