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The Government of the Republic of Serbia

In the service of citizens

Nikola Tesla airport to employ 20,000 people within next five years

Belgrade, 18 July 2006

Serbian Minister of Finance Mladjan Dinkic said today that the Nikola Tesla Airport will employ some 20,000 people within next five years as substantial investments in the development of that public company are planned.

Author: FoNet

Dinkic visited the airport’s reconstructed terminal 2 for international flights and announced that the tender for building a hotel and business complex will soon be finished.

The Minister said that the International Monetary Fund (IMF) estimated that operations of the Belgrade airport last year were most successful in the competition of the three current best public companies in Serbia.

Dinkic said that currently a draft of the contract between the Belgrade airport and US company Dyn-Corp on building a cargo centre is being made, in a move to make it as favourable as possible for Serbia.

According to him, Nikola Tesla Airport should soon become a passenger and cargo centre in Southeast Europe and plans to support the development of airports in Nis, Ponikve and Banja Luka.

Dinkic also said that the “plan plus”, will be discussed in one of the next government sessions. It contains a proposal to conditionally write off $1 billion out of $2 billion of Serbia’s debt to the Paris Club of creditors in exchange for investment in the projects on Corridor 10, environmental protection and communal infrastructure projects in Serbia.

He announced that government delegation which will comprise Deputy Prime Minister Ivana Dulic-Markovic and Minster of International Economic Relations Milan Parivodic will visit Brussels in the third week of August to present this plan to EU Enlargement Commissioner Olli Rehn.

After the economic platform is adopted, the meeting in Brussels is expected to take place on August 17 or 18, Dinkic said.

For these projects, the Serbian government will seek political support from the EU at the Paris Club since the EU does not decide on this, Dinkic explained and added that Serbia’s biggest creditors are actually EU members which are members of the Paris Club.

Kosovo’s debt, amounting to more than $1 billion and which is being serviced by the state of Serbia, is not included in this plan, Dinkic pointed out and said that this issue will be discussed as part of negotiations on Kosovo-Metohija’s final status.