Serbia: Vucic, 837 mn in foreign investments in 3 months

'Reforms to modernise and develop country, towards EU'

27 May, 17:46

    (ANSAmed) - BELGRADE, MAY 27 - Serbia registered 837 million euros in direct foreign investments in the first quarter of this year, more than all other countries in the region, said Serbian President Aleksandar Vucic, highlighting the excellent conditions and advantages that Serbia offers investors.

    Speaking on Wednesday in Smederevska Palanka, just south of Belgrade, at the opening ceremony for construction work on a new factory by a South Korean company, Vucic emphasised the government's strong commitment to the country's modernisation and economic development.

    He said the country is investing in particular in transport, infrastructure, energy, and digitalisation, in line with the programme of extensive structural reforms enacted in 2014.

    He said it is essential to invest in SMEs and the private sector, including in order to induce the many Serbian workers who emigrated abroad to return home and contribute to the country's development.

    Vucic, leader of the conservative Serbian Progressive Party (SNS), the majority party and the country's most popular by far, is on the campaign trail ahead of parliamentary elections on June 21.

    Due to the health emergency, gatherings and rallies still aren't being held, and thus far Vucic has held two online video rallies with party members in various parts of the country.

    In the second of these two virtual rallies, held last Monday, he insisted on the validity of the reform policy he has promoted, claiming it is the only one capable of moving the country forward, raising the standard of living, and bringing the country increasingly closer to European Union accession.

    He said in recent years he has inaugurated 150 new factories, bringing the same number of investors to Serbia.

    He said the goal is to bring the average salary in the country to 900 euros by 2025, from the current 500 euros.(ANSAmed).

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