Serbia is on the Right Track to Become the Investment El Dorado in the Region

2014-04-07
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The new Government of the Republic of Serbia is facing new challenges. While expecting the new legal solutions, the anticipating predictions of many investors are positive, in accordance with the announcement that the new legal solutions will additionally arrange and recommend the local investment market.   All this primarily, when it comes to the new laws that will regulate the planning and construction sector, as well as the accompanying provisions related to the real estate development.

On the other hand, apart from the new legal solutions, what is expected from the local government in the municipalities in Serbia, is the forming of a partnership relationship with every potential investor, for the purpose of improvement of investment interests. Mr. James Gunn, the director of Poseidon Group in Serbia, said that without the new laws and general comprehensive partnership-focused local support, no common success can be achieved. The success of the local community is reflected in the reduced degree of unemployment of the local population through fruitful realization of the investment of partners who have managed to, in a faster and better way, complete their own business interests with the adequate support of the local government.

The number of successful investments in Serbia is increasing, and the Capitol retail park built and opened in the Municipality of Šabac, as an investment from UK, holds a significant position in that row of accomplished ventures. Mr. Gunn stated that profit making in Serbia is possible. Their presence in Serbia is a good omen for everyone interested, especially for those coming from UK. In the period to come, we can expect a greater number of real estate investors from UK.