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 potential containing the semi-annual data for 2023.

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 the first half of 2023. The total realized incentives in the first half of this year amounted to RSD 73.5 billion, with the share of non-refundable funds amounting to RSD 65.4 billion (88.9%).

Of the total realized incentives, the largest part was directed to the economy, i.e. RSD 36.3 billion (49.4%) to companies and sole proprietors, RSD 17.8 billion (24.2%) to institutions in the field of education and science and RSD 13.5 billion to local self-government units (18.4%). Compared to the same time period last year, there was a significant increase in incentives given to local self-government units (approximately three times more) and institutions in the field of education and science (an increase of 10.2%).

According to the purpose of investment, 88.0% of the total realized incentives (RSD 64.7 billion) were directed to: education, science, culture and sports (RSD 22.1 billion); traffic infrastructure (RSD 20.5 billion); encouraging manufacture (RSD 6.8 billion); communal infrastructure (RSD 5.9 billion); encouraging export (RSD 5.2 billion) and the protection of the environment (RSD 4.2 billion). The largest increase in investment compared to the same time period last year was recorded in the area of communal infrastructure, encouraging export and environmental protection.

The Map provides key data on the economy and the non-profit sector, integrated from different sources (state authorities and organizations, as well as other registers within the Agency’s competence), in order to provide a comprehensive overview of the development of the domestic economy (in total and on a territorial level), for the current year and the past three years, in the form of tables and graphs.

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).

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