Information News

Serbia establishes National Committee on Investments

17. October 2014. |

Minister without Portfolio in charge of EU integration Jadranka Joksimovic, said today that Serbia is the first in the region to establish a National Committee on Investments of the Serbian Government, to prepare and implement significant strategic infrastructure projects.

"Serbia is the first in the region to apply such a systematic approach in preparing projects", Joksimović said at a press conference, adding that the establishment of this body has also been given a positive assessment in the Progress Report of the European Commission for Serbia on its path towards the EU.

The Minister said that this body is very important because it will prioritise the infrastructure projects.

Joksimović co-chairs that body with Minister of Finance Dušan Vujović.

Mr Jean-Eric Paquet, Director at the Directorate General for the Enlargement of the European Commission in charge of Serbia, said that EUR 1.4 billion has been earmarked for Serbia in the IPA2 fund (2014-2020).

He added that the money from the IPA funds that Serbia will apply for may help the country’s competitiveness and economy.

The National Committee on Investments will plan, prepare and implement national infrastructure investments.

The Committee will be a forum for discussing and formulating financial plans for each step related to preparing infrastructure projects that may be presented to potential investors and donors.