EBRD Considering Approving Loan of EUR 80 Million to Serbia – Majority of Proceeds Meant for Science-Technology Parks

Prime Minister Ana Brnabic said yesterday in London, after a meeting with President of the European Bank for Reconstruction and Development Odile Renaud-Basso, that the EBRD should approve a loan to Serbia at today's meeting of the Board of Directors in the amount of EUR 80 million, of which EUR 70 million will be earmarked for the construction of additional science and technology parks.

At a joint conference with Renaud-Basso, Brnabic specified that the loan will be formally approved on June 14, while the signing is scheduled for June 16 in Belgrade, according to the website of the Government of Serbia.

She stated that the funds are intended for phase 2 of the Science and Technology Park in Nis, where there will be another Science and Technology Park, then for phase 2 of the Science and Technology Park in Cacak, for the Science and Technology Park in Krusevac, and an investment in the Science and Technology Park Kragujevac is also being considered.

According to her, there will be financial resources for Belgrade as well, although phase 2 of the Science and Technology Park in Belgrade is already being worked on with the European Investment Bank (EIB).

She noted that the STP Nis has turned out to be one of the most successful parks, because incredible products and services are created there, and added that it is her wish for the construction of additional buildings in Nis and Cacak to start as soon as possible.

Vlada Republike Srbije

EBRD Evropska banka za obnovu i razvoj Beograd

Evropska investiciona banka EIB

Naučno tehnološki park Čačak

Naučno tehnološki park Niš d.o.o. Niš

Government of Serbia

EBRD

European Investment Bank

EIB

European Bank for Reconstruction and Development

Ana Branabić

Odile Renaud Basso

London

construction of science technology parks

STP Niš

STP Čačak

STP Kruševac

STP Kragujevac