The City of Belgrade applied the PIERS Methodology in the PPP project to entrust the part of the city’s public urban passenger transport
We sat down with PPP Investment’s Executive Director Jelena Tadić to discuss PPP projects in Serbia and the region, new experiences, methodological approaches and other interesting topics.
Could you tell us where Serbia stands in the global context of PPP projects?
— Serbia has established a positive trend in the implementation of the PPP model, with projects that serve as a replicable model for the other countries of the region. As someone who collaborates with UNECE, I would like to emphasise the fact that Serbia applies methodological approaches in the area of PPP that have been developed by UNECE.
As an international evaluator of PPP infrastructure projects, appointed by UNECE under the PIERS Methodology, I am proud that we have introduced the practice of applying the PIERS Methodology to PPP projects, and that this is becoming accepted by the public sector in Serbia. I would highlight the fact that the City of Belgrade applied the PIERS Methodology in the PPP project to entrust the part of the city’s public urban passenger transport.
What were the prerequisites for Serbia to position itself in the PPP field?
— The preconditions primarily include a strong legislative framework, fiscal stability and the commitment of public bodies to overcome their municipal and other challenges through this approach.
Equally important is the expertise of the professionals who design and implement these projects, as well as our engagement with international organisations like UNECE and WAPPP (World Association of PPP Units and Professionals), through which we continue to enhance our knowledge and experience.