You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Net FDI inflow into Serbia rises 14% in Jan-Apr - c-bank governor

Author Radomir Ralev
Net FDI inflow into Serbia rises 14% in Jan-Apr - c-bank governor Serbian c-bank governor Jorgovanka Tabakovic; Source: Serbian Central Bank

BELGRADE (Serbia), May 16 (SeeNews) – The net inflow of foreign direct investment (FDI) into Serbia rose 14% on the year in the first four months of 2019 to 1.2 billion euro ($1.3 billion), central bank governor Jorgovanka Tabakovic said.

"The attractiveness of investing in the Serbian economy is the result of the improved business environment, the favourable financial conditions, and the implementation of infrastructure projects," Tabakovic said in a video file posted on the website of news agency Tanjug on Wednesday.

In the first quarter of 2019, net FDI into Serbia grew 10.1% on the year to 796.7 million euro, the central bank said on Wednesday in a monthly inflation report.

In 2018 net inflow of FDI into Serbia rose to 3.2 billion euro from 2.415 billion euro in the previous year, according to central bank data. Net FDI in the manufacturing industry accounted for 28% of the total and 61% of it came from EU member states.

($ = 0.8921 euro)

Compare