Serbian Minister of Economy and Regional Development Mladjan Dinkic presented today Serbia’s investment opportunities and advantages of doing business in Serbia at the 10th International Commercial Property Exposition Expo Real 2007 in Munich.
Dinkic said that the time has come for Serbia to approach foreign investors more ambitiously, since now Serbia has a GDP of 5.5% per capita, purchasing power has increased significantly, and investments worth $4 billion were made in the country last year.
The Minister stressed that Serbia’s presentation this time at the Munich fair is the most impressive until now, considering the fact that we are in a phase of development in which we must attract from $3 billion to $5 billion in investments annually in order to continue raising living standards. He expressed satisfaction with the number of visitors at the Serbian stand.
Dinkic met today with Bavarian State Minister of Economic Affairs, Infrastructure, Transport and Technology Erwin Huber and discussed improvement of cooperation between Serbia and Germany.
Economic cooperation of Serbia and Germany, including Serbia’s traditional partner Bavaria, is developing not just through commodity exchange and joint investment, but also through cooperation in the industry sector, transportation and tourism as well as training of Serbian experts.
The Serbian presentation titled “Invest in Serbia - The Time is Now” at the biggest investment fair in Europe gave interested visitors and potential investors an insight in Serbia’s offer to foreign investors.
State Secretaries at the Ministry Jasna Matic, Goran Petkovic and Director of the Serbian Investment and Export Promotion Agency (SIEPA) Vesna Peric took part in the presentation. (Economy, October 08.)
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