Vojvodina ranks first in effectiveness of foreign investment

NOVI SAD - According to the assessment of The Financial Times, Vojvodina ranks first among 54 mid-sized regions in effectiveness of foreign investments, and fourth among all European regions and cities in relation to the same criteria, Bojan Pajtic, president of the Vojvodina government, has said.

The third recognition, which arrived in Vojvodina and Serbia on Tuesday, was that Vojvodina is the fourth region in southern Europe with the most efficient strategy for the attraction of foreign investments, and in this aspect the competition was particularly fierce with Italian, Spanish and Slovenian regions, Pajtic said.

Pajtic addressed a news briefing commenting on Vojvodina's results in The Financial Times' prestigious competition ranking European cities and regions of the future, the provincial press office released in a statement.

“This is a very good result because to be the first among 54 European regions with the population from 1.5 to four million is a great signal for all future investors to come to Vojvodina,” Pajtic said.

He said that The Financial Times, that is its business edition FDI Intelligence, assessed the conditions that foreign investors have once they arrive in Vojvodina.

“The assessment focused on the technical competence of our Vojvodina Investment Promotion Fund, which is one of the best agencies in this part of Europe, and this is now officially confirmed,” Pajtic underlined, adding that the assessment also comprised the programs which are being realized via the Provincial Secretariat for Economy and the efficiency of the education center.

The economic experts also took into account the fact that the Vojvodina government, through the Capital Investment Fund, has built...