Vojvodina receives award for investment effectiveness

CANNES/NOVI SAD - The president of the Vojvodina government Bojan Pajtic has received in Cannes, France, the award won by Vojvodina as Europe's highest-ranked mid-sized region in terms of investment cost-effectiveness, the press office of the provincial government said in a statement.

Vojvodina topped the European Cities and Regions of the Future list for 2014/2015, established by economic experts brought together by the Financial Times.

Receiving the award on behalf of the Vojvodina government at an international real estate fair in Cannes on Wednesday, Pajtic said that Vojvodina is the best among Europe's 54 mid-sized regions in terms of foreign investments and strategies to attract them.

Any potential investor in Vojvodina and Serbia as a whole will see the prestigious award as a strong recommendation, Pajtic said.

"This is good news for our entire country, because it is the first time someone from Serbia has won the top award in the area of investments and the economy. We will try to maintain the level of attractiveness that we have achieved," Pajtic said, adding that two years ago Vojvodina ranked fourth in investment effectiveness.

Pajtic received the award at a ceremony attended by officials of European cities and regions as well as representatives of their respective agencies for promoting foreign investments.

FDI Intelligence, a business publication of the Financial Times, has assessed the conditions for foreign investors in Vojvodina, the statement said.

Photo Tanjug/J. Pap (Archive)

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