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€450–500m invested in construction sector to date

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Minister of Environment, Mining and Spatial Planning Oliver Dulic today stated that at the 38th international construction fair over 856 exhibitors will be presented, a third of them from Europe and Asia.

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Following the opening of the fair at the Belgrade Fairgrounds, Dulic stressed that the exhibitors will present the latest technologies and achievements in the construction industry, energy efficiency and interior and exterior decoration.

He reiterated that thanks to the government’s measures, several construction companies have managed to overcome the crisis, recalling that through the three pillars of assistance the state has so far invested €450–500 million in the construction sector.

The first pillar, namely public infrastructure construction projects, has been endorsed by the state with RSD18 billion, the Minister noted.

The state has facilitated the second pillar, namely the construction of housing complexes, while the third pillar – construction of social flats – is under way in12 towns.

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Statistical data shows that in the last quarter of 2012 the Serbian construction sector increased by 16.5%, he stressed, adding that 34% more construction permits were issued last December.

The state projected to set aside RSD 1.3 billion for energy efficiency in 2012, Dulic specified, adding that 100 projects have already been submitted in this remit, which will help to employ thousands of people.

Source Serbia Gov.

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