Levy: Israeli companies want to invest in Serbia

KOPAONIK - Israeli companies increasingly want to invest in Serbia, which best indicates that Serbia is on a good path out of several years of economic crisis, Israel's Ambassador to Serbia Yossef Levy said.

Israeli companies are mostly interested in construction of real estate property, retail parks, hotels and other facilities, as well as in cooperation in the agricultural and IT sectors, Levy said.

He also said that Israeli companies are already building luxury apartments in downtown Belgrade and a retail park in the Zemun municipality.

Israeli companies in Serbia are currently pursuing projects worth around EUR 400 million, but the figure could exceed EUR 1 billion, Levy told Tanjug on Mt Kopaonik, where he is attending the New Energy conference.

The Israeli government is not involved in these investments in Serbia, which best shows that private entrepreneurs have smelled profit and that Serbia is on a good path, he noted.

Photo Tanjug, T. Valic (archive)