The Map of the Regional Development Measures and Incentives Register (RegRDMI Map) has been published today by the Serbian Business Registers Agency. The Map displays sets of information on state investments, economic development and economic potentials, containing the annual data for 2020.
The data presented on the RegRDMI Map show that the implementing authorities of regional development incentives have managed to implement incentives in a significant amount in 2020, despite the worsened economic conditions caused by the coronavirus pandemic, and that state support has been primarily intended for the economy.
The total realized incentives amount to RSD 192.6 billion and are higher by 24.7% compared to the previous year. The share of non-refundable funds in the total realized incentives amounted to 162.1 billion and those funds are 21.5% higher than last year.
Of the total realized incentives, the largest part was directed to the economy, i.e. RSD 114.3 billion to companies and sole proprietors and RSD 14.9 billion to agricultural farms. On an annual basis, these investments were increased by 49.4% and 26.4% respectively. A significant amount of incentives was also paid to institutions in the field of education and science, in which RSD 45.1 billion was invested - 6.8% more compared to the previous year.
At their disposal, users have an innovative RegRDMI Map that is enriched with data on gross value added at the district level. The Map provides key data on the economy and the non-profit sector, integrated from different sources, in order to provide a comprehensive overview of the development of the domestic economy (in total and on a territorial level) for the past four years.
The information presented on the RegRDMI Map, where all municipalities in the Republic of Serbia are displayed according to the achieved level of development pursuant to the current regulation, is a particularly useful source of information for potential investors in the Republic of Serbia. Prior to investing in a particular territory, they are interested in obtaining and reviewing, both the characteristics of the achieved economic development and the potentials for the development of the selected territory, starting from the size of the territory, population, qualification structure of the unemployed, as well as other elements of the territorial development. It is also useful for regional development entities in the process of making decisions on incentive investments aimed at strengthening the economy of a particular territory and raising the level of competitiveness of the economy in that territory, all with the aim of reducing uneven regional development.
All data published on the Map is available to users free of charge. By performing the appropriate search, they can obtain data in the form of data sets for all four territorial levels (the Republic of Serbia, regions, districts, and municipalities).