Source: Tanjug | Wednesday, 04.07.2018.| 14:58
Highlight an article Print out the news

Net inflow of foreign direct investments in first four months of 2018 amounts to EUR 871 million

Illustration (Photo: rangizzz/shutterstock.com)
The net inflow of foreign direct investments in Serbia in the first four months of 2018 amounted to EUR 871 million, according to the balance of payments.

As the National Bank of Serbia (NBS) told Tanjug, this marks the continuation of the growth of the net inflow of FDI, which increased by 12.9% compared to the corresponding period in 2017.

– As in the past three years, the realized net inflow in the said period was sufficiently large to cover the current balance of payments deficit – the NBS says.

The investments realized by non-residents, the central bank specifies, have remained project-diversified and are primarily directed at the production of tradable goods (around 40%), thereby further increasing the production capacities which should secure the continuation of the growth of exports in the upcoming period.

– Furthermore, we see as positive the fact that the already present foreign investors, those most familiar with our development opportunities, invested around two-thirds of the realized profit in the expansion of their business in our country. This confirms that Serbia has become a recognized place for investments, especially long-term ones – the NBS says.

Last year, Serbia had a net inflow of FDI in the amount of EUR 2.4 billion and placed first on the list published by UK's Financial Times among 94 countries ranked by the global greenfield investment index.
Only logged-in users can comment.