Serbian Minister Mali meets with head of Saudi Fund for Development: "Investors recognize our efforts"

Photo: Tanjug/ Ministry of Finance

"We presented Serbia in the best possible light, the potential for cooperation is great, and there is particular interest in investing in infrastructure, energy, agriculture," Finance Minister Sinisa Mali said after a meeting with Acting CEO of the Saudi Fund for Development Sultan Abdulrahman Al-Marshad.

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He stressed that Serbia's neighboring countries would also benefit from a further growth of foreign direct investments, an area where our country has record results in the region.

Mali announced that representatives of the Fund for Development will visit Belgrade during the next month.

"That will be the first next concrete step after today's talks. I want to show them everything we talked about, so that they see for themselves the great investment opportunities that Serbia offers," said the minister.

He pointed out that attracting as many investments as possible to Serbia is an economic strategy that brings results to the country, because in times of crises, the first move investors make is withdrawal or caution, which entails a reduction in the volume of a country's economy.

"Serbia, on the other hand, is recording growth of foreign direct investments. It is no coincidence that this year we achieved more than 3.4 billion euros FDI in the first 10 months. Investors recognize our efforts and we want to continue at the same pace because investments are necessary for us to preserve growth we are recording," stressed Mali.

Al-Marshad and Mali also discussed the Open Balkan initiative, since Saudi Arabia already has active projects in our region.

With this meeting, Mali began his two-day visit to the Kingdom of Saudi Arabia, during which he will also speak with Minister of Tourism Ahmed bin Aqil al-Khateeb and Minister of Finance Mohammed Al-Jadaan.

During his visit to Saudi Arabia, the Minister will attend the 22nd World Travel & Tourism Council Global Summit.

(Telegraf Biznis/Tanjug)