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The Government of the Republic of Serbia

In the service of citizens

Opportunities of new investments from the United States to Serbia considered

Belgrade, 17 June 2022

Prime Minister Ana Brnabic talked today via video link with the representatives of the American-Central European Association (ACEBA) about new investments from the United States of America in Serbia.

During the online meeting, Brnabic's interlocutors asked questions about economic areas suitable for investments and business conditions, especially interested in the potentials opened by the Open Balkans initiative.

The Prime Minister pointed out that the greatest potential for investment is the IT sector, which has the highest growth and significant exports.

Serbia is fully ready for the fourth industrial revolution, she underlined and noted that it is necessary to focus on the development of artificial intelligence that can be applied in various fields – from health to the automotive industry.

Speaking about energy, Brnabic expressed the expectation that the issue will be in the first place on the agenda of the future government, since 70 percent of energy comes from coal, i.e., from thermal power plants, while the remaining 30 percent are solar and water resources.

She underlined that we must accelerate the transition process and move to green energy, which represents the future.

The United States is one of the largest foreign investors in Serbia, with a total investment of approximately $4 billion since 2001.

Today's virtual round table is an introduction to the planned visit of representatives of the Association, which is expected in the second part of the year.

The American-Central European Business Association (ACEBA) is a leading American business association focused on cooperation with Central and Eastern European countries, headed by former US Deputy Assistant Secretary of Commerce Eric Stewart.