IT exports could reach 1 bln euros by 2020

BELGRADE - Serbia could be exporting 1 bln euros' worth of information technologies by 2020, says Nemanja Stevanovic, the economic and investment adviser to Serbian PM Aleksandar Vucic.

Serbia's current IT sector exports equal the total exports achieved last year by Fiat's Kragujevac plant, he said on Wednesday, opening the first conference on digital economy in the region.

According to Stevanovic, currently 1,400 innovative IT companies operate in Serbia and it is expected that in the upcoming period 25 mln euros will be invested in an IT center that should be opened in Indjija as the first cyber city in Serbia.