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Of the nine billion euros in grants, which will be allocated to the Western Balkans by the European Investment and Economy Plan, six billion are planned for key infrastructure projects in the field of transport, energy, digital connection, agriculture, health , education.
Of the remaining three billion, around 1.5 billion are destined for the private sector, while around 1.5 billion would be for institutional reforms and harmonization with European legislation in key areas, according to Tanjug in Brussels. .
The projects are divided into “key initiatives” related to the connection of transport from east to west, north to south, connection of the coastal region, transition from coal to sustainable energy sources, waste and sewage management, digital infrastructure and competitiveness of the private sector.
When it comes to Serbia, the key transport project is the Mira Nis-Pristina highway, where the EU allocates half of the necessary funds for both parties. Investments are also planned in the Belgrade-Podgorica and Belgrade-Pristina railways.
In energy, the European Commission is planning investments for the transition from coal to renewable sources or gas, in line with the European Green Plan for Climate Neutrality until 2030.
The EU will invest in the gas interconnector between Serbia and North Macedonia, as well as in the Transbalkan Electricity Transmission Corridor project in Serbia, which is part of the interconnectors in Serbia, Montenegro and Bosnia and Herzegovina. Serbia is expected to present projects related to renewable energy sources (sun, water, wind), and investments are planned in wastewater management and regional systems for its processing.
A special part of European investments concerns the construction of digital broadband Internet infrastructure, which is in line with the European Digital Agenda.
The economic and investment plan also offers guarantees to stimulate the private sector through the European Fund for Sustainable Development, as well as the creation of the Guarantee Fund for the Western Balkans, which, according to Brussels, could attract an additional € 20 billion for investments.
The Economic and Investment Plan also envisages bringing the Western Balkans closer to the EU Single Market by strengthening and integrating the regional market and establishing the free movement of people, goods, capital and the provision of services.
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