Sitemap

Tomislav Momirović, Serbian Minister Of Construction, Transport And Infrastructure

We’re Building Serbia’s Future

The unobstructed continuation of work on the largest infrastructure projects and the launch of new ones is a priority for the State of Serbia, because that is a huge investment in the future of this country and the maintaining of its economic competitiveness in Europe and around the world.

This is an historic juncture in the construction of the entire infrastructure of Serbia – says Serbian Construction, Transport and Infrastructure Minister Tomislav Momirović. Following this simple statement is the listing of a series of projects that should place Serbia on the transport map of Europe and accelerate economic growth in the country and the region. “We wish to enable faster connections, the arrival of investors and the creating of the highest possible number of opportunities for cooperation and opportunities to make gains in the Western Balkans,” says our interlocutor.

Will we succeed in meeting the goals set for 2021 with the current dynamics of works?

All of the large infrastructure projects have their own dynamics of implementation, and we very carefully monitor the progress and haven’t recorded major delays. This year, we have to open the high-speed railway to Novi Sad, complete the largest part of the Belgrade Bypass and extend the Miloš Veliki Highway to Požega. We are constructing the Moravian Corridor, then the Požega – Preljina, Kuzmin – Sremska Rača and Ruma – Šabac sections. I hope that we will this year launch construction of the Fruška Gora Corridor, then the Požega – Boljare, Veliko Gradište – Golubac roadways and the Zrenjanin – Belgrade highway. We are working with the world’s largest companies in the area of infrastructure construction. On the basis of interstate treaties and bilateral agreements, we have engaged Chinese companies CRBC, CCCC-CRIC and SHANDONG, Russian giant RZD Railways, Turkey’s TASYAPI, Azerbaijani company AZVIRT, global corporation BECHTEL ENKA, STRABAG and France’s Aegis Rail, for the Belgrade Metro.

Despite the ever-increasing cross-border connectivity between the European Union and the Western Balkans, there are also growing obstacles to the unobstructed flow of goods. What can Serbia do to eliminate such challenges and where does it need support?

Our interconnectivity within the region is the imperative of all imperatives. This isn’t merely part of my personal agenda, but also the agenda of the Government of Serbia and Serbian President Aleksandar Vučić. Serbia has launched the largest investment cycle in the history of Serbian passenger and transport infrastructure, and has done so precisely because it will enable the entire region to connect faster, the arrival of investors and the opening of the largest possible number of opportunities for cooperation and financial returns. Our investments in the modernisation of road, rail and inland waterway transport, as well as in the adaptation of all transport standards, will contribute greatly to connecting the European Union and the Western Balkans. Serbia is not an island, and every dinar and euro of ours that we invest in infrastructure will be felt across the entire region.

Tomislav Momirović

We are very proud that Belgrade has been selected as the base of the Permanent Secretariat of the Transport Community, and we are there for every project that leads to the integration of the region, joint work and connecting with the European Union. This community of ours, and all the efforts that we exert within it, practically make us part of the common European transport market, which is a big thing for the entire region. While politicians wage their own battles, the economy is progressing along its own course, and our goal is to have strong local economies and for investors to come to a territory that is secure, ready for investment and harmonised with the most modern European standards.

In addition to the road and rail network, the market for the construction of housing and business premises is also very active in Serbia. What do existing trends tell us about inflows of foreign investments in this segment?

Serbia has for years been recording record-breaking statistics on foreign investment in the construction sector and commercial real estate. The COVID-19 period halted this trend, but there is visible interest in continuing the construction of large business premises, particularly in Belgrade. It is a thankless endeavour to predict the direction in which this segment will move, because it is correlated with global financial trends, but the Government of Serbia is doing everything to open our country for investment and business operations.

Our interconnectivity within the region is the imperative of all imperatives. This isn’t merely part of my personal agenda, but also the agenda of the Government of Serbia and Serbian President Aleksandar Vučić

A lot was done to improve the process of issuing construction permits during the government’s previous term. What is your aim when it comes to further digital transformation in this sector?

Serbia deservedly entered the ranks of the world’s top ten countries in terms of ease of issuing construction permits, and of course it is my desire for this trend to continue. The statistics of the central record of unified procedures for issuing construction permits recorded the impact of the global pandemic on the number of applications for issuing permits, but even there we’ve also recorded encouraging growth. The digital transformation of the state administration as a whole, including the construction segment, is high on the list of priorities of this Government and we will strengthen capacities in this sector.

The construction sector is considered as one of those that has been least affected by digital transformation, despite it actually being the subject of strong innovations around the world. Why is that the case; and what can the state change in this area?

This is a question for construction companies themselves, while the state is exerting great efforts to meet the goals of its “digital” agenda, which should ease the daily lives of citizens and the operations of businesses.

A letter that was sent to you last year by the Foreign Investors Council stated that noticeable interest in inclusion in the new cycle of further developing infrastructure projects in Serbia exists among foreign companies and investors. What are you doing to generate interest in investing among these kinds of companies?

At the ministry, our doors are always open and we are ready for discussions and joint work on public-private partnership projects or some other modes of engagement and cooperation. We have the largest world and European financial institutions as partners on infrastructure projects in Serbia, as well as some of the biggest names among private companies. Their positive assessments and experiences represent the best recommendation for working in Serbia.

We have the largest world and European financial institutions as partners on infrastructure projects in Serbia, as well as some of the biggest names among private companies. Their positive assessments and experiences represent the best recommendation for working in Serbia

The same FIC letter also included several suggestions for improving the economic environment related to the issuance of construction permits. Which of these initiatives could the ministry adopt? We always consider Foreign Investors Council initiatives carefully, and maintaining a dialogue with the private sector is very important to us. We invested a huge amount of energy and resources during the COVID-19 Pandemic in order to preserve jobs, while the private sector and citizens received huge funds as assistance. The unobstructed continuation of work on the largest infrastructure projects and the launch of new ones is a priority for the State of Serbia, because that is a huge investment in the future of this country and the maintaining of its economic competitiveness in Europe and around the world.

We are also seeing the expansion of the capacities of ports in Belgrade, Smederevo, Prahovo, Bogojevo and Sremska Mitrovica. How much interest is there in using them within the corporate sector?

The plan of the Government of Serbia and MGSI is to connect the Danube and Sava rivers with road and railway Corridor 10 by 2024. We will also connect Serbia regionally, via waterways, with Germany, Austria, Romania, Bulgaria, Russia and Turkey. Upon the completion of all planned projects, Serbia will have constructed modern port infrastructure, fully regulated waterways of the Danube and Sava, as well as a modern system of navigation safety management. The value of projects in water transport at this juncture stands at 380 million euros, and when we add to this the investments of future concessionaires in Serbian ports, the total value of these projects will reach the amount of 500 million euros. With current and planned projects that will raise the total level of investments to close to half a billion euros, Serbia is – together with Belgium and the Netherlands – the absolute leader in investments in the development of water transport. This level of investment testifies to the real plans and real needs of the state and the private sector.

SYNERGY

Serbia is not an island, and every dinar and euro of ours that we invest in infrastructure will be felt across the entire region

DIGITALISATION

The digital transformation of the state administration as a whole, including the construction segment, is high on the list of priorities of this Government and we will strengthen capacities in this sector

INVESTMENT

With current and planned projects that will raise the total level of investments to close to half a billion euros, Serbia is – together with Belgium and the Netherlands – the absolute leader in investments in the development of water transport

Related Articles

Overview

New Investment Cycle for Regional Interconnection and the Faster Development of Serbia

About 300km of highways have been constructed and more than 500km of railway lines have been restored over the course of the last four...

Gordana Jelkic, Managing Director and Founder, PUTINVEST d.o.o. (Ltd.)

Striving To Provide A Superior Service

PUTINVEST has built an enviable professional reputation in the domain of designing roads with associated utilities, as well as in providing consultancy services in...

News

Serbia Is A Huge Construction Site

Judging by the funds of the 2021 national budget that have been allocated for construction, transport and infrastructure, investments in capital projects in Serbia...

Zorana Mihajlović Ph.D., Deputy Prime Minister And Minister Of Construction, Transport And Infrastructure

We Must Be Both Fast And Considered

Energy transition is a process that represents the reality for the whole of Europe, including us. The Green Agenda gives us the opportunity to...

Contract for New Belgrade-Surcin highway section signed

Deputy Prime Minister of the Republic of Serbia and Minister of Construction, Transport and Infrastructure Zorana Mihajlovic signed a commercial agreement with the Chinese...

Veljko Kovačević PhD. Assistant Minister of Construction, Transport and Infrastructure for Inland Water Transport

Serbia Will Have The Region’s Most Modern Ports

Once the most neglected branch of transport, water transport is today an integral part of the new investment cycle for infrastructure. Investing in the...

Dejan Turk, Vice President Of The Foreign Investors Council (A1 Srbija and A1 Slovenija CEO)

Investors Recognise Significant Improvements In The Business Environment In Serbia

The business environment for foreign investors in Serbia has seen significant improvements in recent years, as evidenced by the higher inflow of FDI. The...

Ceremonial Start Of Works On The Intermodal Terminal In Batajnica

Belgrade is getting an intermodal terminal that will boost development of a modern combined transport of goods by increasing participation of railway and creating...

H.E. Pierre Cochard, French Ambassador to Serbia

Fraternity Through Sport

As part of the Olympic tradition, France, as the host country of this year’s Summer Games, presented a resolution on the observation of the...

Janos Babity, Head of the Council of Europe Office in Belgrade

75 Years of Promoting Human Rights

Recent reports from Council of Europe bodies confirm a mixed picture when it comes to the state of human rights in Europe. While many...

Marko Đurić, Serbian Minister of Foreign Affairs

Bilateral Rising

The U.S. has continuity of policy on many issues, regardless of the person heading the administration there, and Serbia will endeavor to also maintain...

H.E. Christopher R. HILL, U.S. Ambassador to Serbia

Progress Everywhere

Everywhere I look in our bilateral relationship, I see progress…Serbia is taking a leading role in promoting regional economic integration as well, as the...

Montenegro Nominated for Europe’s Most Desirable Destination Award

Montenegro has been nominated for the prestigious title of Europe's most desirable destination in the Wanderlust Reader Travel Awards...

Serbia Signs Memorandum on Nuclear Energy Development

In a significant move towards modernizing its energy sector, the Serbian government, along with twenty scientific and academic institutions,...

H.E. József Magyar – The Western Balkans is a Priority

The Hungarian Embassy in Belgrade hosted a reception to mark the beginning of Hungary's presidency of the Council of...

The International “Aleksandar Tišma” Literary Award ceremoniously presented to French writer Cécile Wajsbrot

The third International “Aleksandar Tišma” Literary Award was ceremoniously presented to French writer Cécile Wajsbrot on June 24, 2024,...

75th Anniversary of the Council of Europe Marked

The Council of Europe Office in Belgrade marked the 75th anniversary of the Council of Europe with a commemorative...