The National Alliance for Local Economic Development – NALED has organised a regional conference “How to have an investor knocking on your door?”, featuring representatives of local self-governments from Inđija, Subotica, Croatia, Dete from Romania, as well as companies "Yura Corporation" and "Metro Cash & Carry".

The chairman of the managing board of NALED, Vladimir Čupić, said that the collective presentation of certified municipalities at the Fair of Investments and Real-estate was just one of the activities of the organisation, which aims to attract a larger number of foreign investors.

Furthermore, the members are sending a clear message that Serbia is a safe and attractive destination for investments.

- To attract foreign investors, a local self-government should first define it as its priority and the help will immediately become available, said the mayor of Subotica, Saša Vučinić.

Andrea Vugrinović, consultant for investment promotion in Croatia, pointed out that in her country the greatest obstacle to major investments was corruption and that Serbia was an example of good practice in keeping promises made to foreign investors.

The general manager of “Yura Corporation”, Jangvu Nam said that investors found it important to have acceptable start-up costs, but that low price of labour and state’s subsidies were also crucial.

After the conference, the stand of NALED saw the signing of the Declaration of Certification of Municipalities.