Serbia close to securing investments worth 7.3 bln euro

“Serbia is in talks with 92 businesses that can invest up to 7.3 billion euro ($8.33 billion) in the country,” President Aleksandar Vucic wrote on Tweeter, AP-Economics reports.

The talks can create 35,000 new jobs, Vucic told private broadcaster Happy TV on Monday, without elaborating on the types of businesses involved in the negotiations, their nationality, or timelines for making those investments.

“These are negotiations we describe as talks ‘in the pipeline,’ meaning that we are close to reaching final agreements with the companies,” Vucic said.

Foreign direct investment (FDI) into Serbia amounted to 3.9 billion euros in 2021, prime minister Ana Brnabic said last month.

FDI came in at $3.44 billion (3.01 billion euro) in 2020, according to data by Serbia’s central bank.