The Western Balkans region has much to offer to prospective investors and with the backing from the European Bank for Reconstruction and Development (EBRD), Serbia can be an engine for attracting investments, EBRD Director for Serbia Daniel Berg said on Sunday.

Ahead of the Western Balkans Investment Summit, which will kick off in London on Monday, Berg said this would be an excellent opportunity for showcasing the Western Balkans region.

The aim is to highlight investment opportunities and promote an inflow of FDIs and cross-border projects, Berg told Tanjug.

He is convinced the region has much to offer, notably the advantage of strategic trade ties with the EU and access to the Adriatic Sea.

On the other hand, investors are hesitant as the market is relatively small and the business climate has not been improved enough, the EBRD official said.

 

Source: Tanjug

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