The European Bank for Reconstruction and Development (EBRD) announced that it has reached a significant milestone in Serbia this year, having invested more than 10 billion euros in the country since 2001 through almost 400 projects.
In Belgrade, the Bank financed the Gazela and Ada bridges, communal services and the renovation of public buildings, as well as two significant public-private partnerships – the airport and the waste-to-energy project in Vinča, according to the announcement.
“We are very proud of this milestone and numerous influential projects over the years, which testify to the strength of our partnerships in Serbia and the commitment of our growing team in Belgrade,” said Matteo Colangeli, EBRD’s regional head for the Western Balkans, reports SEEbiz.
He said that in the last three years, the EBRD has been increasing its business volume, reaching around 800 million euros per year, with significant funds mobilized from donors and other investors.
“We plan to continue to expand our presence in the country, helping to accelerate growth, increase competitiveness and foster a resilient and sustainable economy,” said Colangeli.
