INVESTMENT OPPORTUNITIES IN VOJVODINA – HOT SPOT FOR PROFIT EXECUTIVE COUNCIL OF THE AUTONOMOUS PROVINCE OF VOJVODINA VICE-PRESIDENT OF THE EXECUTIVE COUNCIL

INVESTMENT OPPORTUNITIES IN VOJVODINA – HOT SPOT FOR PROFIT

EXECUTIVE COUNCIL OF THE AUTONOMOUS PROVINCE OF VOJVODINA

VICE-PRESIDENT OF THE EXECUTIVE COUNCIL

OF THE AUTONOMOUS PROVINCE OF VOJVODINA

TIHOMIR SIMIĆ, Ph.D.TIHOMIR SIMIĆ, Ph.D.

REPUBLIC OF SERBIA - AUTONOMOUS PROVINCE OF VOJVODINA





Crossroads of 2 Pan-European transportation corridors

VOJVODINA



REPUBLIC OF SERBIAREPUBLIC OF SERBIA



Basic

information:

Area

21.500 km2

Population

2 million

Climate

Moderate continental

Basic

information:

Area

21.500 km2

Population

2 million

Climate

Moderate continental

Autonomous Province of Vojvodina

Autonomous Province of Vojvodina



EURO-REGION DKMTEURO-REGION DKMT



Arad CountyBacs-Kiskun CountyBekes CountyCsongrad CountyHunedoara CountyCaras-Severin CountyTimis CountyVojvodina Autonomous Province

Arad CountyBacs-Kiskun CountyBekes CountyCsongrad CountyHunedoara CountyCaras-Severin CountyTimis CountyVojvodina Autonomous Province

DANUBE - KRIS - MURES - TISA EUROREGION



Natural ResourcesNatural ResourcesFavorable geo-strategic potential. Tourist potential – The Danube, the mountain of Fruska Gora, lakes, termal water.

Favorable geo-strategic potential. Tourist potential – The Danube, the mountain of Fruska Gora, lakes, termal water.

Environmental pollution at certain important location. Uneven distribution of precipitations. Inadequate hail prevention.

Environmental pollution at certain important location. Uneven distribution of precipitations. Inadequate hail prevention.

New energy potentials (biomass, solar energy). Development of tourism in the Euro-Region.Better exploitation of lakes & rivers.

New energy potentials (biomass, solar energy). Development of tourism in the Euro-Region.Better exploitation of lakes & rivers.

Inadequate legal regulations in the field of economy. Vicinity of the nuclear power plant in Paks, 60 km away.

Inadequate legal regulations in the field of economy. Vicinity of the nuclear power plant in Paks, 60 km away.

Strengths Weaknesses Chances Threats

1.1.



The process of depopulation. The trend toward ageing of the population. Demographic desertion of the peripheral village settlements. Increase in the unemployment.

The process of depopulation. The trend toward ageing of the population. Demographic desertion of the peripheral village settlements. Increase in the unemployment.

Creation of the demographic revitalization program. Cheap labor.

Creation of the demographic revitalization program. Cheap labor. Unfavorable age

structure of the employed.

Unfavorable age structure of the employed.

2.2. DemographyDemographyQualified working body.Multiplicity of cultures. Increase of the number of employees in the private sector.

Qualified working body.Multiplicity of cultures. Increase of the number of employees in the private sector.




Incomplete process of privatization and restructuring. Small estates of village holdings. Extensive agricultural production. Unexploited installed economic capacities.

Incomplete process of privatization and restructuring. Small estates of village holdings. Extensive agricultural production. Unexploited installed economic capacities.

Modernization and specialization of the leading industrial sectors. Export orientation of economy. Promotion of SME development. Intensification of viticulture and fruit production. Creation of the Free Trade Zone for the Southeast Europe.

Modernization and specialization of the leading industrial sectors. Export orientation of economy. Promotion of SME development. Intensification of viticulture and fruit production. Creation of the Free Trade Zone for the Southeast Europe.

Big companies prevail in the economy. Too slow process of the new standards implementation. Underdeveloped entrepreneurship culture.

Big companies prevail in the economy. Too slow process of the new standards implementation. Underdeveloped entrepreneurship culture.

3.3. EconomyEconomyDeveloped material

foundation. Production and export growth in the recent area. Developed food processing industry and scientific research and institution in the agrarian complex.

Developed material foundation. Production and export growth in the recent area. Developed food processing industry and scientific research and institution in the agrarian complex.




Unfinished motorway. Poorly – equipped passenger traffic and rail transport infrastructure. Insufficient exploitation of the channel network. Dependence on the electrical energy supplied outside Vojvodina. Low-leveled digitalization of the telephone network.

Unfinished motorway. Poorly – equipped passenger traffic and rail transport infrastructure. Insufficient exploitation of the channel network. Dependence on the electrical energy supplied outside Vojvodina. Low-leveled digitalization of the telephone network.

Optimal exploitation of the geographic position for the development of road and railway transport and for the transit of energy (oil and gas). DTD canal facilitates irrigation and chip traffic.

Optimal exploitation of the geographic position for the development of road and railway transport and for the transit of energy (oil and gas). DTD canal facilitates irrigation and chip traffic.

The network of canals is not maintained. Leveling of the lake of Djerdap and sanitizations of the land in Banat.

The network of canals is not maintained. Leveling of the lake of Djerdap and sanitizations of the land in Banat.

InfrastructureInfrastructureThree trans-European passenger corridors (motorcar, railway and river transport). Good natural potentials . Developed channel network and network of flood protection embankments.

Three trans-European passenger corridors (motorcar, railway and river transport). Good natural potentials . Developed channel network and network of flood protection embankments.

4.4.




Disproportion between the education system and demands of the market economy.

Disproportion between the education system and demands of the market economy.

9 higher schools and 16 faculties – strategic resources. Closer cooperation between organizations and educational institutions for the education of human resources of certain profiles.

9 higher schools and 16 faculties – strategic resources. Closer cooperation between organizations and educational institutions for the education of human resources of certain profiles.

Outflow of the highly qualified personnel.Deficit of IT technology personnel.

Outflow of the highly qualified personnel.Deficit of IT technology personnel.

5.5. Culture and EducationCulture and EducationThe network of institutions

caters for the needs of the population. Multiplicity of cultures, nationalities, languages being the bridge between neighboring regions.

The network of institutions caters for the needs of the population. Multiplicity of cultures, nationalities, languages being the bridge between neighboring regions.




Poverty - 8,8% of the total population in Vojvodina lives beyond the limits of poverty. Increase of the number and type of social welfare beneficiares.

Poverty - 8,8% of the total population in Vojvodina lives beyond the limits of poverty. Increase of the number and type of social welfare beneficiares.

Program for the introduction of refugees into the economic and social ware.

Program for the introduction of refugees into the economic and social ware.

No solution for the unemployment problem. Undefined status of refugees.

No solution for the unemployment problem. Undefined status of refugees.

6.6.

Social WelfareSocial Welfare

Social Welfare network caters for the needs of the population.

Social Welfare network caters for the needs of the population.




Insufficient international co-operation in the environmental protection . Low-leveled exploitation of electronic business dealings. Inadequate legal regulations in the field of ecology.

Insufficient international co-operation in the environmental protection . Low-leveled exploitation of electronic business dealings. Inadequate legal regulations in the field of ecology.

Closer co-operation and regional liaising with the neighboring countries. Regional program – a chance for faster compliance with the EU standards. Investing in the research and development.

Closer co-operation and regional liaising with the neighboring countries. Regional program – a chance for faster compliance with the EU standards. Investing in the research and development.

Slow integration into the international market. Undefined status of Kosovo.

Slow integration into the international market. Undefined status of Kosovo.

7.7. General ConditionsGeneral Conditions

Border with Hungary and Romania – members of the EU. Sustained macroeconomic stability, liberalization of prices and trade. Tax reform. Rehabilitation and restructuring of the economic and banking system.

Border with Hungary and Romania – members of the EU. Sustained macroeconomic stability, liberalization of prices and trade. Tax reform. Rehabilitation and restructuring of the economic and banking system.




IRDP - The Integrated Regional Development

Plan of VOJVODINA- Priorities and Strategies -

IRDP - The Integrated Regional Development

Plan of VOJVODINA- Priorities and Strategies -

Priority 1Using internal potentials of AP Vojvodina

Priority 2Improving the framework for economic development in the region

Priority 3Improving the quality and use of human resources in the region



Strategies of The Integrated Regional Development Plan of VOJVODINA (1 of 3)


Priority 1 Using internal potentials of AP Vojvodina

Strategy 1: Development of SMEs

Strategy 2: Agricultural complexes / food production and food processing industry

Strategy 3: Development of tourism



Priority 2 Improving the framework for economic development in the region

Strategy 4: Communication networks

Strategy 5: Improvement of the energy and water supply in the region

Strategy 6: Improving the R&D to business cooperation and research

Strategy 7: Improving the framework for attracting foreign investments







Priority 3 Improving the quality and use

of human resources in the region

Strategy 8: Professional training courses, courses in modern technology, especially IT

Strategy 9: Labour market access support for disadvantaged social groups



The municipality of Ada is located in the heart of the eastern Vojvodina, on the right bank of the river Tisa.

INVESTMENT ZONE

INVESTMENT LOCATIONS IN 44 MUNICIPALITIES

IN VOJVODINA AND THE CITY OF NOVI SAD



Site: Industrial zone between the settlements of Ada and MolTotal area: 24haType of ownership: Property of the municipalityIntended use: Construction of industrial plantsService infrastructureThe Industrial zone has access to energy supply system. There are access roads, and the municipality provides connection to the water supply system and gas pipeline free of charge.

Additional informationLease of land for the period stated by the law is possible. The shortest possible period necessary for obtaining all the required permissions and approvals for construction on the site is 20 days. The necessary planning and regulatory documentation already exists, such as the General Developing Plan of the Municipality of Ada.



2001 2002 2003 2004 2005 2006

2001 2002 2003 2004 2005 2006





2001 2002 2003 2004 2005 2006





2005 2006 2007 2008 2009 2010



THE BIGGEST INVESTORS IN VOJVODINA and SERBIA



VOJVODINA – THE EUROPEAN REGION OF THE YEAR 2006

“European Region of the Year” Organization, with its headquarters in Barcelona, has chosen AP Vojvodina to be “European Region of 2006” out of nine regions from different parts of Europe, after complete evaluation and sessions held by combined committee, made out of international experts.

All important characteristics of Vojvodina, from social-political and economic characteristics to civil sector, architecture, art, sport and private sector has been presented through press, pamphlets and brochures on visual and intellectual achievements, all in accordance with the competition regulations. Over 20 non-governmental organizations gave their support to this candidacy.



THANK YOU FOR YOUR ATTENTIONTHANK YOU FOR YOUR ATTENTION

www.vojvodina.sr.gov.yu

Email: [email protected]

Phone: +381 21 487 42 40

Fax: +381 21 42 39 41

Documents

INVESTMENT OPPORTUNITIES IN VOJVODINA – HOT SPOT FOR PROFIT EXECUTIVE COUNCIL OF THE AUTONOMOUS PROVINCE OF VOJVODINA VICE-PRESIDENT OF THE EXECUTIVE COUNCIL