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 Emanuele Giaufret

Since 2009, the WBIF has supported 45 projects for €7 billion estimated investments in the public sector in Serbia.

The country has benefited from 73 grants for €451.8 million in technical assistance and investment co-financing. The EU IPA grant support channelled through the WBIF accounts for €426 million and covers both technical assistance and investment works. Other donors have contributed €25.8 million as well.

451.8m

Investment grants: €372.1m

Technical assistance: €79.7m


€7bn

2.8bn

WBIF grants

IPA II bilateral grants

Transport

Sustainable Transport

€301.3m

€56m

Energy

Clean Energy

€45.8m

€56m

Environment

Environment & Climate

€16.3m

€238m

Social

Human Capital

€52.2m

€112m

Digital infrastructure

Digital Future

€36.2m

-

Competitiveness

Breakdown of support provided below

€308m

Total

€451.8m

€770m

Achieved results

2009 – 2022

  • 93 km of motorways
  • 93 km of railway lines rehabilitated
  • Enhanced urban mobility for 1.4 million people in Belgrade
  • District heating systems upgraded in 22 cities and towns 
  • Improved water/waste water service for 585,000 people 
  • Flood forecasting and warning system for 1.8 million people in the Sava River Basin
  • 6 higher education and research facilities 
  • Judiciary facilities and new prison for 500 detainees


Expected results

2022 – 2030

  • 77 km of motorways
  • 477 km of railway lines rehabilitated 
  • 1 inland port, improved navigability on 5 km of waterway 
  • 479 km of electricity transmission lines upgraded 
  • 150 km of future-proof gas pipelines 
  • 58 buildings renovated and 31,100 MWh/year of energy saved 
  • Improved water/waste water services for 2.1 million people 
  • 2.2 million people protected from floods 
  • Healthcare treatment and research facilities for 1.9 million people 
  • Broadband connectivity for over 600,000 people and 1,200 schools/ public institutions in rural areas 

Support to Private Sector

WB EDIF

The Western Balkans Enterprise Development & Innovation Facility

  • €342m in financing for SMEs
  • 1,895 SMEs supported in Serbia
EFSE

European Fund for Southeast Europe

  • €1,332.1m sub-loan investments since inception
  • 120,831 sub-loans provided since inception
  • 57 technical assistance projects since inception
GGF

Green for Growth Fund

  • €230.4m sub-loan investments since inception
  • 845,835 MWh/yr primary energy savings
  • 251,438 tCO2/yr emissions reduction
REEP+

The Regional Energy Efficiency Programme

  • €12.4m in financing for residential sector (GEFF)
  • €8.3m in direct financing for private sector

Latest Serbia News

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Completion of works on the state-of-the-art prison in Kragujevac, Serbia
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25-11-2022

Completion of works on the state-of-the-art prison in Kragujevac, Serbia

Since 2009, with support from the EU, WBIF Bilateral Donors, and the Council of Europe Development Bank (CEB),...

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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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Videos

Publications

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Trans-Balkan Electricity Corridor in Serbia Factsheet
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01-02-2023

Trans-Balkan Electricity Corridor in Serbia Factsheet

Trans-Balkan Electricity Corridor in Serbia Factsheet (last updated in January 2023).

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Energy Support Package for the Western Balkans
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14-12-2022

Energy Support Package for the Western Balkans

Booklet on the Energy Support Package for the Western Balkans approved by the European Commission on 5 Decembe...

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Economic and Investment Plan: Endorsed Flagship Investments 2020-2022
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14-12-2022

Economic and Investment Plan: Endorsed Flagship Investments 2020-2022

Booklet on flagship investments endorsed under the Economic and Investment Plan for the Western Balkans in 202...

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Partner Financial Organisations

Western Balkan Partners