News archive - Serbian Government Adopts the Industrial Development Strategy and Policy 2011–2020
The Government of Serbia has adopted the Industrial Development Strategy and Policy 2011–2020. The Strategy foresees revitalisation and rehabilitation, restructuring and reengineering, modernisation of export-oriented fields and the development of competitiveness of the Serbian industry.
The strategy particularly stresses the development of three sectors – automobile and components industry, electronics and information technology, while emphasising the attraction of direct investments as a crucial development factor.
The Strategy stipulates that the fundamental objective of the new export-oriented growth model is to reach a 47.1% share of export in the gross domestic product by 2020. The projected total export of goods in 2020 would be EUR 24.8 billion (an EUR 18.8 billion increase compared to 2009). The cumulative net inflow of foreign direct investments by 2020 should be approx. EUR 22.7 billion.
Contact: Government of the Republic of Serbia, www.srbija.gov.rs
Source: 9th Newsletter on Social Inclusion in the Republic of Serbia
- Serbia
Entry created by Ines Marinkovic on October 25, 2011
Modified on October 24, 2011
