Serbia

Serbia

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Serbia Flag Serbia

  • Population: 6.9 million
  • GDP: €45.9 billion
  • GDP per capita: €6,620
  • Public Debt: 58.37% GDP
  • EU Candidate: March 2012

'WBIF projects benefit the life of people and businesses in Serbia as part of the accession process to the EU. The objective is not only about building a road or a school, it is about creating the most effective infrastructure network in line with EU standards.'

Ambassador Sem Fabrizi

Since 2009, the WBIF has supported 42 projects with an estimated value of €6.5 billion in Serbia.

The country has benefited from 65 grants totalling €229 million in technical assistance and investment co-financing. The EU grant support channelled through the WBIF accounts for €203.2 million and covers both technical assistance and investment works. Other donors have contributed €25.8 million as well.

229 m

Investment grants: € 148.4 m

Technical assistance: € 80.6 m


6.5 bn

2.6 bn

WBIF Grants

IPA II bilateral grants

Transport

Sustainable Transport

€165.4m

€56m

Energy

Clean Energy

€28.7m

€56m

Environment

Environment & Climate

€17.3m

€238m

Social

Human Capital

€15.8m

€112m

Digital infrastructure

Digital Future

€1.8m

-

Competitiveness

Breakdown of support provided below

€308m

Total

€229m

€770m

Achieved results

(2009 – 2021)

  • 90 km of motorways   
  • Enhanced urban mobility for 1.3 million people in Belgrade   
  • District heating systems upgraded in 21 cities and towns   
  • Improved water/wastewater systems for over 500,000 people  
  • Flood forecasting and warning system for 1.8 million people in the Sava River Basin   
  • 6 new higher education and research facilities   
  • Judiciary facilities and new prison for 500 detainees


Expected results

(2022 – 2030)

  • 77 km of motorways   
  • 580 km of railway lines rehabilitated   
  • 479 km of electricity transmission lines upgraded   
  • 28 public buildings and 30 schools for more than 30,000 students renovated   
  • Improved water/wastewater systems for more than 2.5 million people   
  • Healthcare treatment and research facilities for 1.9 million people    
  • Broadband connectivity for 1,500 schools and 225,000 households (650,000 people) in rural areas

Support to Private Sector

WB EDIF

The Western Balkans Enterprise Development & Innovation Facility

  • €202.6m in financing for SMEs
  • 1,200 SMEs supported in Serbia
  • 16 equity investments (€14.8m)
  • €4.7m in technical assistance and advisory to SMEs
EFSE

European Fund for Southeast Europe

  • €1.3bn sub-loan investments
  • 117,138 sub-loans provided
  • 19,716 beneficiaries supported
GGF

Green for Growth Fund

  • €217.3m sub-loan investments
  • 6,943 sub-loans
  • 837,997 MWh/yr primary energy savings
  • 248,483t CO2/yr emissions reduction
REEP+

The Regional Energy Efficiency Programme

  • €7.3m in financing for residential sector (GEFF)
  • €8.3m in direct financing for private sector
  • Improved energy efficiency

Latest Serbia News

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European Commission launches €3.2 billion investment package in the Western Balkans
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25-02-2022

European Commission launches €3.2 billion investment package in the Western Balkans

Today, the European Commission has unveiled a substantial €3.2 billion investment package to support 21 transp...

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Start of works on the EU-supported Serbia - Bulgaria gas interconnector
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01-02-2022

Start of works on the EU-supported Serbia - Bulgaria gas interconnector

On Tuesday, 1 February, construction works started on the Serbian section of the 171 km natural gas interconne...

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European Union Supports Modernisation of Freight Railway Transport in Serbia
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23-09-2021

European Union Supports Modernisation of Freight Railway Transport in Serbia

A new EU funded technical assistance project worth €800,000 has been recently launched in Serbia to support th...

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Videos

Publications

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WBIF Newsletter April 2022
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08-04-2022

WBIF Newsletter April 2022

WBIF Newsletter April 2022

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Trans-Balkan Electricity Corridor Serbia
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25-03-2022

Trans-Balkan Electricity Corridor Serbia

Trans-Balkan Electricity Corridor Factsheet, grid section in Serbia (SRB version, March 2022).

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Trans-Balkan Electricity Corridor Serbia
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25-03-2022

Trans-Balkan Electricity Corridor Serbia

Trans-Balkan Electricity Corridor Factsheet, grid section in Serbia (ENG version, March 2022).

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Partner Financial Organisations

Western Balkan Partners